Answer:
The equilibrium price increases and equilibrium quantity decreases.
Explanation:
A drought in the country of Columbia has destroyed a major portion of their coffee crop. This will cause the supply of coffee to decrease. This decrease in the supply of coffee will cause the supply curve to move to the left.
This leftward shift in the supply curve will cause the equilibrium price to increase and equilibrium quantity to decrease.
This is also shown in the attached figure.
