When the Demand for Coffee Increases,ceteris Paribus,the Equilibrium Price Will

question 134

Multiple Choice

When the demand for coffee increases,ceteris paribus,the equilibrium price will also increase because

• A)A shortage exists at the old equilibrium price.
• B)There must be a surplus of the good.
• C)The market supply and demand curves do not intersect.
• D)Market demand must be upward-sloping.

---

Definitions:

Capital Invested

Capital deployed by a business to purchase or improve tangible assets like real estate, factories, or machinery.

Hygiene Factors

Factors related to job conditions that do not necessarily motivate employees if present, but can cause dissatisfaction if absent, such as company policies, administrative practices, or salary.

Working Conditions

The physical and psychological environment in which employees perform their job duties, including safety, hours, amenities, and atmosphere.

Relationships With Colleagues

The interpersonal connections and interactions between employees within a workplace.