Major freeze destroys a large number of the orange trees

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Florida Citrus Mutual, an agricultural cooperative association for citrus growers in Florida, needs to predict what will happen to the price and output of Florida oranges under the conditions below. What are your predictions? For each part, sketch a graph showing the appropriate demand and supply analysis. 1) A major freeze destroys a large number of the orange trees in Florida.

Reference no: EM131204091

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