Multiple Choice
A publicized report that finds orange juice prevents certain diseases will have what effect on the equilibrium price and quantity of orange juice?
A) Price will increase,quantity will decrease
B) Price will increase,quantity will increase
C) Price will decrease,quantity will decrease
D) Price will decrease,quantity will increase
E) The new equilibrium price and quantity can not be determined
Correct Answer:
Verified
Correct Answer:
Verified
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