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Lauren1 Lauren1
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Posts: 4120
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9 years ago
You observe that in the market for coffee that both the equilibrium price of coffee and the equilibrium quantity have increased. You predict that the demand for coffee
A) has increased with no change in the supply of coffee.
B) has increased but it is not as large as the increase in supply.
C) has not changed but that the supply of coffee has decreased.
D) has increased less than supply of coffee has decreased.
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MrDerecheMrDereche
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#1
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Posts: 4095
Rep: 304 0
9 years ago
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Lauren1 Author
wrote...
#2
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
9 years ago
You're welcome!
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