Multiple Choice
All else equal, a shortage of orange juice would cause the
A) equilibrium quantity of breakfast drinks to increase and the equilibrium price of breakfast drinks to decrease.
B) equilibrium price of breakfast drinks to increase and the equilibrium quantity of breakfast drinks to decrease.
C) equilibrium price and quantity of breakfast drinks to increase.
D) equilibrium price and quantity of breakfast drinks to decrease.
Correct Answer:

Verified
Correct Answer:
Verified
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