Which of the Following Causes a Decrease in Equilibrium Price

Which of the following causes a decrease in equilibrium price and quantity in the market for iced tea?

A) higher temperatures that increase people's preference for iced tea
B) an increase in the wages at beverage stands
C) an increase in the taxes on iced tea sellers
D) higher prices for beignets, which is a complement in consumption for iced tea

Correct Answer:

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