If a frost damages a large portion of Florida's orange harvest while simultaneously consumer preferences shift in favor of orange juice, what changes would likely occur to the market equilibrium price and quantity of orange juice?

Explanation

A frost reducing the orange supply causes a decrease in supply, which tends to increase price and lower quantity. Meanwhile, increased consumer preference raises demand, pushing both price and quantity upward. The price will definitely increase due to both effects, but the quantity change is uncertain because supply is falling while demand is rising.