If the Demand for Oranges Falls, It Is Highly Likely

question 21

Multiple Choice

If the demand for oranges falls, it is highly likely that the demand for:

• A)orange juice will fall.
• B)orange grove workers will fall.
• C)apples will increase.
• D)apple orchard workers will decrease.

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Definitions:

Happiness

A condition characterized by happiness and satisfaction, marked by feelings that vary from being content to experiencing profound happiness.

Cash

A physical form of money, such as coins and banknotes, which is used in transactions to purchase goods and services.

Spend

To use money to pay for goods or services, or more broadly, to use resources or time for a particular purpose.

Reciprocity Norm

A social norm dictating that people should repay, in kind, what another person has provided or done for them, fostering mutual cooperation and social bonds.