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Title: Suppose that in October the price of a cup of cafe latte was $2.50 and 400 lattes were consumed. In ... Post by: thanhha78 on Aug 28, 2017 Suppose that in October the price of a cup of cafe latte was $2.50 and 400 lattes were consumed. In November the price of a latte was $2.00 and 300 lattes were consumed. What might have caused this change?
A) The price of coffee beans (an input of production of cafe lattes) rose. B) The price of coffee beans (an input of production of cafe lattes) fell. C) The price of tea (a substitute for cafe lattes) rose. D) The price of tea (a substitute for cafe lattes) fell. Title: Re: Suppose that in October the price of a cup of cafe latte was $2.50 and 400 lattes were consumed. ... Post by: trumpetsoflife on Aug 28, 2017 Content hidden
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