Because of unseasonably cold weather, the supply of oranges has substantially decreased. This statement indicates that

a. consumers will be willing and able to buy more oranges at each possible price.
b. the demand for oranges will necessarily rise.
c. the equilibrium quantity of oranges will rise.
d. the quantity of oranges available for sale at various prices has declined.

Respuesta :

Answer:

d

Explanation:

As a result of the weather which decreased the supply of oranges, there would be a leftward shift of the supply curve. As a result equilibrium price would rise and quantity of oranges available for sale would fall.

If on the other hand, there was a favourable weather condition that increased the supply of oranges. The equilibrium price would fall and quantity would increase

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