Suppose Irregular Weather Patterns Caused Very Poor Yields for Orange

question 168

Multiple Choice

Suppose irregular weather patterns caused very poor yields for orange farmers this past year. Which factor of supply would this change in the market for orange juice?

• A) Technology
• B) Price of input
• C) Number of sellers
• D) Price of related good

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Definitions:

Reality

The state of things as they actually exist, as opposed to an idealistic or notional idea of them.

Defense Mechanism

Psychological strategies used unconsciously to protect oneself from anxiety or stress by denying or distorting reality.

Projection

A defense mechanism where an individual attributes their own unacceptable thoughts, feelings, or motives to another person.

Divorced

The state of being legally dissolved from a marriage.