Question: Consider the following forecast. Next month predict that the demand for oranges will continue to increase, which will tend to raise the price of oranges,

Consider the following forecast. Next month predict that the demand for oranges will continue to increase, which will tend to raise the price of oranges, However, the higher prices Accor dingly, even though we predict that demand will increase next month, we cannot predict whether the price of Oranges will rise of fall. Do you agree with this forecast ? Explain your answer using demand and Supply

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