12. a freeze in peru causes the price of coffee to skyrocket. assuming coffee and tea are substitutes, which of the following will happen?
[a] the quantity demanded of coffee will increase, and the quantity demanded of tea will increase.
[b] the quantity demanded of coffee will increase, and the demand for tea will increase.
[c] the quantity demanded of coffee will decrease, and the demand for tea will increase.
[d] the demand for coffee will decrease, and the quantity demanded of tea will increase.
[e] the demand for coffee will increase, and the demand for tea will increase.

The correct answer is option C.

Explanation:

Suppose tea and coffee are substitutes. Now, unfavorable weather adversely affects coffee production leading to an increase in the price of coffee. This increase in coffee price will lead to a decline in the quantity demanded.  

Since tea is a substitute for coffee and people will prefer the cheaper substitute, the demand for tea, as a result, will increase. This will cause the demand curve for tea to shift to the right.

answer; rapid growth in buyer demand and high buyer switching cost;

answeraggressive behavior tactics include all of the above;