If the supply of coffee falls due to bad weather conditions in coffee-exporting countries,then the
A) price and quantity will rise
B) price and quantity will fall
C) price will fall and quantity will rise
D) price will rise and quantity will fall
E) quantity will fall,but price may rise or fall

Question

Quizplus · Accepted Answer

When the supply of coffee falls due to bad weather conditions in coffee-exporting countries, the quantity of coffee available in the market decreases, leading to an increase in price due to higher demand. However, the quantity demanded also decreases due to the higher price, resulting in a lower overall quantity of coffee being sold. Therefore, the price will rise and quantity will fall.

If the Supply of Coffee Falls Due to Bad Weather