When a new pest destroys the coffee trees in Latin America, which of the following is correct?
A) The demand for coffee decreases, the price of coffee increases, less coffee will be sold.
B) The supply of coffee decreases, the price of coffee increases, the price of tea will increase.
C) The demand for coffee increases, the price of coffee increases, more coffee will be sold.
D) The supply of coffee increases, the price of coffee decreases, more coffee will be sold.
E) The supply of coffee decreases, the price of coffee decreases, more tea will be sold.
Correct Answer:
Verified
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