Question

The graph above shows supply and demand for a popular brand of coffee. A gas crisis affects shipping costs. What would a coffee company do in anticipation of a rise in shipping costs, and how would that effect the equilibrium price? (1 point)

Group of answer choices

Add S2 to the right of S, showing increase in supply and equilibrium price.

Add S2 to the left of S, showing decrease in supply and increase in equilibrium price.

Add D3 to the left of D2, showing decrease in equilibrium supply and equilibrium price.

Add D3 to the right of D2, showing increase in equilibrium supply and equilibrium price.

Answer 1

Add S2 to the left of S, showing decrease in supply and increase in equilibrium price.

Step-by-step explanation:

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