Multiple Choice
In which statement is the term "supply" used correctly? (1) A hurricane that destroys orange groves in Florida will lead to a decrease in the quantity supplied of oranges.(2) A new technology that prevents a fungus in Florida orange trees will lead to an increase in the supply of oranges.
A) the first statement
B) the second statement
C) both statements
D) neither statement
E) more information is needed
Correct Answer:

Verified
Correct Answer:
Verified
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