Problem
1. A severe drought in California has resulted in a nearly 30 percent reduction in the quantity of citrus grown and produced there. Explain what effect this event might have on the Florida citrus market.
2. In December, the price of Christmas trees rises, and the quantity of trees sold rises. Is this a violation of the law of demand?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.