In 2004, Hurricanes Destroyed a Large Portion of Florida's Orange

question 372

Multiple Choice

In 2004, hurricanes destroyed a large portion of Florida's orange and grapefruit crops. In the market for citrus fruit,

• A) the supply curve shifted to the right resulting in an increase in the equilibrium price.
• B) the supply curve shifted to the left resulting in an increase in the equilibrium price.
• C) the demand curve shifted to the right resulting in an increase in the equilibrium price.
• D) the demand curve shifted to the left resulting in a decrease in the equilibrium price.

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Definitions:

Structured Behavioral Interviews

A method of interviewing based on questions that explore the actions the interviewee has taken in past situations relevant to the job.

Perception of Fairness

The way individuals interpret and judge the fairness of procedures and outcomes in a social context.

Leaderless Group Discussion

A group interaction technique without a designated leader, used to observe participants' natural leadership abilities and collaborative skills.

Oral Communication Skills

The ability to express ideas and information verbally in a clear, effective, and appropriate manner.