| 3.What would happen to the equilibrium price and quantity of lattés if coffee shopsbegan using a machine that reduced the amount of labor necessary to producesteamed milk, which is used to make lattés, and scientists discovered that coffeeprevents heart attacks?a.Both the equilibrium price and quantity would increase.b.Both the equilibrium price and quantity would decrease.c.The equilibrium price would increase, and the effect on equilibriumquantity would be ambiguous.d.The equilibrium quantity would increase, and the effect on equilibriumprice would be ambiguous.
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What would happen to the equilibrium price and quantity of lattés if coffee shops began using
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