If Consumers Expect an Increase in the Price of Coffee

Multiple Choice

If consumers expect an increase in the price of coffee next month,what will happen to the equilibrium price and quantity of coffee this month?

A) Price will increase,quantity will decrease
B) Price will increase,quantity will increase
C) Price will decrease,quantity will decrease
D) Price will decrease,quantity will increase
E) The new equilibrium price and quantity can not be determined