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

Multiple Choice

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

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.