Social Studies
Social Studies, 18.02.2020 23:27, Geo777

In 2004, hurricanes damaged a large portion of Florida's orange crop. As a result of this, many orange growers were not able to supply fruit to the market. Consider this new, post-hurricane situation under previous, pre-hurricane equilibrium price. We would expect to see:A. a surplus of oranges. B. the quantity demanded equal to the quantity supplied. C. an increase in the demand for oranges. D. a shortage of oranges.

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In 2004, hurricanes damaged a large portion of Florida's orange crop. As a result of this, many oran...

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