5. If orange juice prices double next year, there will be a b. a. rightward shift in the demand for grapefruit juice. rightward shift in the supply of grapefruit juice. leftward shift in the supply of grapefruit juice. d. leftward shift in the demand for grapefruit juice. C.

Brief Principles of Macroeconomics (MindTap Course List)
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ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter4: The Market Forces Of Supply And Demand
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a.
5. If orange juice prices double next year, there will be a
rightward shift in the demand for grapefruit juice.
b. rightward shift in the supply of grapefruit juice.
leftward shift in the supply of grapefruit juice.
d. leftward shift in the demand for grapefruit juice.
C.
Transcribed Image Text:a. 5. If orange juice prices double next year, there will be a rightward shift in the demand for grapefruit juice. b. rightward shift in the supply of grapefruit juice. leftward shift in the supply of grapefruit juice. d. leftward shift in the demand for grapefruit juice. C.
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