(Solved): drop down options are upward/downward The following graph shows the anneial market for Florida orang ...

The following graph shows the anneial market for Florida oranges, which are sold in units of 90-pound boxes. Use the oraph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each orey field will change accondingly. In this market, the equilibrium price is per box, and the equilibrium quantity of oranges is million boxes. For each price listed in the following table, determine the quantity of oranges demanded, the quantity of cranges supplied, and the direction of pressure exerted on prices in the absence of any price controls. Thue or False: A price celling above \( \$ 25 \) per box will not prevent the market from reaching equilibrium. True False