What effect event might have on the florida citrus market


Problem

1. A severe drought in California has resulted in a nearly 30 percent reduction in the quantity of citrus grown and produced there. Explain what effect this event might have on the Florida citrus market.

2. Evaluate the following statement: "The demand for U.S. oranges has increased because the quantity of U.S. oranges demanded in Japan has risen.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What effect event might have on the florida citrus market
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