A) A business produces apple juice and orange juice. The price of orange juice has increased from $ 2.00 mathfrak io \$2.5 . This can be modeled by
⚫an upward movement along the supply curve for apple juice
a shift of the supply curve for apple juice to the right
a shift of the supply curve for apple juice to the left
⚫a downward movement along the supply curve for apple juice
The correct answer is a downward movement along the supply curve for apple juice.
When the price of a substitute good (in this case, orange juice) increases, consumers may decide to purchase more of the other good (apple juice). This increase in demand for apple juice will lead to a movement along the supply curve, resulting in a higher quantity supplied at a higher price.