The Demand for Oranges Increases While the Supply Decreases

question 219

Multiple Choice

The demand for oranges increases while the supply decreases.The equilibrium price of oranges ________,and the equilibrium quantity ________.

• A) rises; decreases
• B) falls; perhaps changes but we can't say if it increases, decreases, or stays the same
• C) falls; increases
• D) does not change; perhaps changes but we can't say if it increases, decreases, or stays the same
• E) rises; perhaps changes but we can't say if it increases, decreases, or stays the same

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Definitions:

North America

A continent located in the Northern Hemisphere, mainly between the Atlantic and Pacific Oceans, consisting of countries such as the United States, Canada, and Mexico.

Negative Attitude

A personal disposition that reflects pessimism, dissatisfaction, or a general outlook of expecting the worst outcomes.

Misperception

A mistaken or incorrect understanding or interpretation of something, often leading to communication errors or conflicts.

Partial Hearing Loss

A condition where there is a decrease in the ability to perceive sound in one or both ears, but not complete deafness.