Question

7. Coffee and tea are substitutes. Good weather that sharply increases the coffee bean harvest would an increase consumer surplus in the market for coffee and decrease producer surplus in the market for tea. b. increase consumer surplus in the market for coffee and increase producer surplus in the market for tea. C. decrease consumer surplus in the market for coffee and increase producer surplus in the market for tea. d. decrease consumer surplus in the market for coffee and decrease producer surplus in the market for tea.