[Related to the Apply the Concept on page 92] Suppose that many cities begin to pass taxes on carbonated sodas, while at the same time scientists discover a cure for citrus greening, which is reducing...

[Related to the Apply the Concept on page 92] Suppose

that many cities begin to pass taxes on carbonated sodas,

while at the same time scientists discover a cure for citrus

greening, which is reducing orange crops in Florida and

Brazil. Use a demand and supply graph to illustrate your

answers to the following questions.

a. Can we use this information to be certain whether

the equilibrium price of orange juice will increase or

decrease?

b. Can we use this information to be certain whether the

equilibrium quantity of orange juice will increase or

decrease?