In August 2013, a prolonged strike in north-east India, where the finest and most expensive Darjeeling tea is grown, brought the tea industry to a standstill at harvest time. What would be the probable result of this situation on a demand and supply diagram for Darjeeling tea?
- AThe price will rise because demand will switch to other teas.
- BThe price will rise because the strike will cause a movement down the supply curve.
- CThe price will rise because the supply curve will move to the left.
- DThe price will rise because there will be a fall in demand for the remaining Darjeeling tea.