Multiple Choice
Use the following to answer questions :
Figure: Supply and Demand in the Orange Juice Market
-(Figure: Supply and Demand in the Orange Juice Market) Look at the figure Supply and Demand in the Orange Juice Market. The market is currently in equilibrium at point C. Suppose a hurricane hits Florida, where oranges are grown. What will be the most likely new equilibrium point in the orange juice market?
A) A
B) B
C) D
D) E
Correct Answer:

Verified
Correct Answer:
Verified
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