The two graphs below show the markets for orange juice and apple juice, which are initially in equilibrium: 
Show what will happen to the prices and quantities traded of both products if a severe frost in Florida were to seriously damage the orange crop.
Definitions:
Analytic Thought
Refers to the cognitive process of breaking down complex information or comprehensive data into fundamental parts or basic principles.
Concrete Operational
A stage in Piaget's theory of cognitive development, occurring around age 7 to 11, when children gain a better understanding of mental operations and physical quantities.
Intuitive
Relating to knowing or understanding something without the need for conscious reasoning; instinctive.
Conventional
Adhering to accepted standards and norms, especially in a way that lacks originality.
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