Final answer:
If the supply of green tea rises, it will cause a shift in the supply curve to the right, resulting in a decrease in the equilibrium price and an increase in the equilibrium quantity of green tea.
Step-by-step explanation:
In the context of equilibrium, if the supply of green tea rises, it will cause a shift in the supply curve to the right. This means that more green tea will be available in the market. As a result, the equilibrium price of green tea will decrease, and the equilibrium quantity of green tea will increase.
For example, if the supply of green tea increases due to a larger harvest or improved production techniques, there will be more green tea available for consumers to purchase. This increased supply will lower the price of green tea, making it more affordable for consumers.
Consequently, the quantity demanded of green tea will also increase, as consumers are more willing and able to purchase it at a lower price.