Question

if there is an unexpected frost that damages the oranges growing in florida, what would it affect and how?
the demand for oranges goes up.
the supply of oranges goes down.
the demand for oranges goes down.
the supply of oranges goes up.
question 2
2 pts
sugar is an important input in the production of cookies. if the price of sugar decreases, what would we expect to happen to the supply of cookies?
decreases
disappears
increases
no change

Explanation:

Question 1

An unexpected frost damaging oranges in Florida reduces the quantity of oranges available for sale. Supply refers to the quantity of a good producers are willing and able to sell. Since the frost damages the crop, the supply (amount available) of oranges will decrease. Demand is about consumers' desire to buy, which isn't directly affected by the frost damaging the crop here.

Sugar is an input (raw material) for making cookies. If the price of sugar decreases, producing cookies becomes cheaper. Producers will be willing to make and supply more cookies at each price level, so the supply of cookies will increase.

Answer:

B. The supply of oranges goes down.

Question 2