The price of orange juice
increases. Which of the following is not part of the likely chain of events that follows from this price change?
Part 2
A.
The manufacturers of orange minus picking machines
lay off some workers.
B.
The demand for grape juice
increases.
C.
Producers of orange juice
increase their production of orange juice
.
D.
Some consumers of orange juice
reduce their consumption of orange juice
.
A. The manufacturers of orange minus picking machines lay off some workers.
This is not likely to be a direct consequence of the price increase of orange juice.
To determine which of the options is not part of the likely chain of events following an increase in the price of orange juice, we need to evaluate each option and its relationship to the given scenario.
A. The manufacturers of orange minus picking machines lay off some workers.
If the price of orange juice increases, it can be expected that the cost of producing oranges will also increase. This may lead to a decrease in demand for orange minus picking machines, resulting in layoffs of workers. Therefore, option A is likely to be a part of the chain of events.
B. The demand for grape juice increases.
The increase in the price of orange juice does not directly affect the demand for grape juice. These two types of juice are different products, and an increase in the price of one does not necessarily impact the demand for the other. Therefore, option B is not likely to be part of the chain of events.
C. Producers of orange juice increase their production of orange juice.
If the price of orange juice increases, producers may decide to increase their production to take advantage of higher profits. Therefore, option C is likely to be part of the chain of events.
D. Some consumers of orange juice reduce their consumption of orange juice.
If the price of orange juice increases, some consumers may choose to reduce their consumption due to affordability issues. Therefore, option D is likely to be part of the chain of events.
Based on the evaluation, the option that is not likely to be part of the chain of events is option B, where the demand for grape juice increases.
The correct answer is B. The demand for grape juice increases. This is not a likely chain of events that follows from the increase in the price of orange juice. The price change of orange juice would not directly affect the demand for grape juice. The other options, A, C, and D, are more likely to be part of the chain of events:
A. The manufacturers of orange minus picking machines lay off some workers. Price increase may lead to decreased demand for orange juice, which would result in reduced production. In response to reduced production, manufacturers may need to lay off some workers.
C. Producers of orange juice increase their production of orange juice. If the price of orange juice increases, producers are likely to increase their production to take advantage of the higher prices and meet the increased demand.
D. Some consumers of orange juice reduce their consumption of orange juice. If the price of orange juice increases, some consumers may choose to reduce their consumption or switch to cheaper alternatives.