When a Hurricane Rips Through Florida,the Price of Oranges Rises

question 129

Multiple Choice

When a hurricane rips through Florida,the price of oranges rises because the

• A) demand curve shifts to the left.
• B) supply curve shifts to the right.
• C) demand curve shifts to the right.
• D) supply curve shifts to the left.
• E) supply and demand curves both shift to the left.

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Definitions:

Subjective Element

The portion of a concept or situation that is shaped by personal opinions, interpretations, or feelings rather than by external, objective reality.

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