Which of the Following Shifts the Demand Curve for Oranges

question 74

Multiple Choice

Which of the following shifts the demand curve for oranges?

• A) Great weather that produces a bumper orange crop this year
• B) An increase in the price of the fuel used to transport oranges to supermarkets
• C) A decrease in the price of bananas, a substitute in consumption for oranges
• D) Disastrous weather that destroys about half of this year's orange crop

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Definitions:

Debit Balance

The condition of an account when the total of debits exceeds the total of credits, typically indicating assets or expenses.

Merchandisers

Companies or individuals involved in the business of retailing or wholesaling goods.

Wholesalers

Merchants who buy goods from suppliers and manufacturers for sale to retailers.

Retailers

Merchants who buy goods from wholesalers for resale to customers.