asked 179k views
3 votes
Cassandra's demand for orange juice is price elastic. a severe frost destroys much of the florida orange crop. cassandra​ ______.

1 Answer

5 votes
Cassandra will experience increased cost in proportion to the reduction of supply experienced by the farmers . Cassandra will decrease her expenditures or find alternate suppliers of oranges.
answered
User Zahid Habib
by
8.7k points
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