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1. **Q:** A frost destroys half the orange crop. How are equilibrium price and quantity affected?  
**A:** Price rises; quantity falls.

2. **Q:** A health study boosts quinoa demand while irrigation improvements double yields. How are equilibrium quantity and price affected?  
**A:** Quantity rises; price effect is ambiguous.

3. **Q:** City officials cap apartment rents below market equilibrium. Which persistent market outcome appears?  
**A:** A shortage of apartments.

4. **Q:** A sharp rise in coffee bean costs hits coffee shops. How does…

**Flashcard 1**
**Front:** A new study shows eating avocados prevents heart disease. What happens to the avocado market?
**Back:** Demand shifts right, increasing both equilibrium price and quantity.

**Flashcard 2**
**Front:** A severe frost destroys 40% of the coffee bean crops in Brazil. How does this affect coffee prices?
**Back:** Supply shifts left, causing coffee prices to rise and quantity sold to fall.

**Flashcard 3**
**Front:** The government sets a maximum rent below the market equilibrium for city apartments. What is the likely res…