Answer to Question #250581 in Microeconomics for Kaitlyn Choy

Question

forest fires have devastated the orchards in Okangans what happens to the graph for apple

Answer 1

Orchard fires can have a variety of effects on trees: The leaves are burnt and perish, yet the limbs are still alive. As a result of these negative consequences, fruits such as apples will decrease in number, resulting in a price increase.