Suppose that an abundant orange harvest results

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What is the answer to this question:

Suppose that an increase in their income induces customers to purchase more oranges at any given price. Also suppose that an abundant orange harvest results in a lower price, causing customers to purchase more oranges. These situations are characterized respectively by a:

a. increase in quantity demanded- decrease in demand

b. decrease in quantity demanded-increase in demand

c. increase in demand- increase in quantity demanded

d. decrease in demand- increase in quantity demanded

Reference no: EM132503511

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