Suppose the Price of Oranges Rises

question 97

Multiple Choice

Suppose the price of oranges rises. As a result, the

• A) supply of orange pickers increases.
• B) supply of orange pickers decreases.
• C) demand for orange pickers increases.
• D) demand for orange pickers decreases.

---

Definitions:

Rationale

The underlying reasoning or explanation for a particular belief, action, or event.

Short-Run Instability

A situation in economics where variables such as output, employment, and prices are subject to frequent fluctuations over a short period.

Agriculture

The activity of farming the land, cultivating plants, and breeding animals for human needs and sustenance.

Causes

The reasons or motives behind certain events, actions, or outcomes, identifying why something happens.