[Solved] What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount of labor necessary to produce steamed milk,which is used to make lattés,and scientists discovered that lattés cause heart attacks? A)Both the equilibrium price and quantity would increase. B)Both the equilibrium price and quantity would decrease. C)The equilibrium price would decrease,and the effect on equilibrium quantity would be ambiguous. D)The equilibrium quantity would decrease,and the effect on equilibrium price would be ambiguous. Pornography Industry: The sector of the economy engaged in the production, distribution, and sale of sexually explicit materials or performances, often subject to legal and ethical debates. False Consciousness: A term in Marxist theory describing the way in which material, ideological, and institutional processes in capitalist society mislead the proletariat and other classes, obscuring the true nature of their exploitation. Rich and Powerful: Individuals or groups who possess a significant amount of wealth and influence over political, economic, or social aspects of society. Conflict Theory: A sociological perspective that sees social life as a competition, and focuses on the distribution of resources, power, and inequality within a society.