Citrus Speculation and Forecasting Inc. has been hired bby a Private Consortium f orange growers to predct what will happen to te price and output of oranges under the conditions below. What are your predictions? Fore each part, sketch a graph showingthe appropriate demand and supply demand analysis.;A. A major freeze destroys a large number of the orange trees in Florida;B. The scientists in the agricultural extension service of the university of Florida discover a way to double the number of oanges produced by each orange tree.;C. The american Medical Association announces that rinking juice can reduce the risk of heart attack.;D. The price of grapefrit falls.
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