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If a severe drought affects coffee crops, leading to a decrease in the supply of coffee, what will be the most immediate effect on the
If a severe drought affects coffee crops, leading to a decrease in the supply of coffee, what will be the most immediate effect on the market? Group of answer choices increase in equilibrium price and increase in equilibrium quantity decrease in equilibrium price and increase in equilibrium quantity decrease in equilibrium price and decrease in equilibrium quantity increase in equilibrium price and decrease in equilibrium quantity
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