Suppose the supply of apples in a competitive market decreases due to unfavorable weather conditions. As a  result, there will be  A. a surplus of apples at the existing actual price as the supply curve shifts to the right B. a shortage of apples at the existing actual price as the supply curve shifts to the left C. upward pressure on price that will move it to a new equilibrium that is above the initial equilibrium price and  elimination of a shortage as the quantity moves to equilibrium D. downward pressure on price as a shortage is eliminated. E. B and C, only

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