Orange Juice and Apple Juice Are Substitutes

question 34

Multiple Choice

Orange juice and apple juice are substitutes.Bad weather that sharply reduces the orange harvest would

• A)increase consumer surplus in the market for orange juice and decrease producer surplus in the market for apple juice.
• B)increase consumer surplus in the market for orange juice and increase producer surplus in the market for apple juice.
• C)decrease consumer surplus in the market for orange juice and increase producer surplus in the market for apple juice.
• D)decrease consumer surplus in the market for orange juice and decrease producer surplus in the market for apple juice.

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Definitions:

Visual Cues

Environmental signals perceived by the visual system that can influence perception and behavior.

Both Eyes

Refers to the use of binocular vision, where both eyes are used together to perceive depth and a wider field of view.

Horizontal Lines

Lines that run parallel to the horizon or ground level, often used in art and design to convey stability and calmness.

Vertical Lines

Lines that run up and down the page or canvas, often used in art and design to convey strength and stability.