A severe winter has once again damaged the Florida apple crop. At the same time, more people buy apple juice to make hot apple cider during the cold weather. As a result,
a.
equilibrium price increases but the change of the equilibrium quantity is ambiguous.
b.
equilibrium price and equilibrium quantity increase
c.
equilibrium price decreases but the change of the equilibrium quantity is ambiguous.
d.
equilibrium price and equilibrium quantity decrease