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Question 10 1 pts Assume that in the market for tea there is a downward sloping demand curve and an upward sloping supply curve. Suppose

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Question 10 1 pts Assume that in the market for tea there is a downward sloping demand curve and an upward sloping supply curve. Suppose that drought occurs in Sri Lanka, the world's major tea growing area. In addition, scientists in Australia discover that drinking tea can improve an individual's health. In this situation in Australia we would expect: 0 The equilibrium price of tea to increase and equilibrium quantity may go up or down or remain the same. 0 The equilibrium price of tea to decrease and equilibrium quantity may go up or down or remain the same. 0 The equilibrium quantity of tea to increase and equilibrium price may go up or down or remain the same. 0 The equilibrium quantity of tea to decrease and equilibrium price may go up or down or remain the same. 0 None of the above

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