Suppose the supply of apples in a competitive market decreases due to unfavorable weather conditions. As a result, there will be A. a surplus of apples at the existing actual price as the supply curve...

Suppose the supply of apples in a competitive market decreases due to unfavorable weather conditions. As a
result, there will be
A. a surplus of apples at the existing actual price as the supply curve shifts to the right
B. a shortage of apples at the existing actual price as the supply curve shifts to the left
C. upward pressure on price that will move it to a new equilibrium that is above the initial equilibrium price and
elimination of a shortage as the quantity moves to equilibrium
D. downward pressure on price as a shortage is eliminated.
E. B and C, only