Question: There is a sharp freeze in Florida that damages the orange harvest and as a result, the price of oranges rises. Will the equilibrium price

There is a sharp freeze in Florida that damages the orange harvest and as a result, the price of oranges rises. Will the equilibrium price of orange juice rise, fall, or remain constant? Will the equilibrium quantity of orange juice rise, fall, or remain constant? Present a supply and demand curve diagram to defend your answers.

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