What Would Happen to the Equilibrium Price and Quantity of Coffee

question 42

Multiple Choice

What would happen to the equilibrium price and quantity of coffee if the wages of coffee-bean pickers fell and the price of tea fell?

• A)Price would fall, and the effect on quantity would be ambiguous.
• B)Price would rise, and the effect on quantity would be ambiguous.
• C)Quantity would fall, and the effect on price would be ambiguous.
• D)Quantity would rise, and the effect on price would be ambiguous.

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Definitions:

Decomposers

Organisms, such as bacteria and fungi, that break down dead organic material, recycling nutrients back into the ecosystem.

Lake Zone

A designated area within a lake, categorized by depth, distance from shore, or ecological characteristics, influencing the types of organisms and conditions present.

Littoral Zone

the part of a sea, lake, or river that is close to the shore, where sunlight penetrates to the bottom enabling plant growth.

Limnetic Zone

The limnetic zone is the open and well-lit area of a freshwater body, such as a lake or pond, away from the shore, where photosynthesis can occur, supporting a variety of aquatic life.