How do orange growers react to the news of medical research findings that suggest that eating oranges leads to greater health benefits than were previously known?
a. They increase the supply of oranges

When moving along a demand curve, which of the following changes?

A) the consumers' incomes B) the price of the good C) the number of buyers D) the consumers' preferences E) the prices of other goods

In long-run equilibrium, a perfectly competitive firm's short-run marginal cost curve crosses the long-run average cost curve at the lowest point on the long-run average cost curve

a. True b. False Indicate whether the statement is true or false