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Title: If the market price of coffee is $3.00 per pound but the government will not allow coffee growers to ... Post by: apadong on Jun 27, 2017 If the market price of coffee is $3.00 per pound but the government will not allow coffee growers to charge more than $2.00 per pound of coffee, which of the following will happen?
A) Demand must eventually decrease so that the market will come into equilibrium at a price of $2.50. B) Supply must eventually increase so that the market will come into equilibrium at a price of $2.50. C) The market will be in equilibrium at a price of $2.00. D) There will be a shortage of coffee. Title: Re: If the market price of coffee is $3.00 per pound but the government will not allow coffee ... Post by: DeToXiFY on Jun 27, 2017 Content hidden
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