The market for Columbian coffee beans is given in the diagram below.The market is currently in equilibrium with a price of P0 and a quantity exchanged of Q0.Suppose that the Columbian government takes over the production and distribution of all coffee beans grown in Columbia.In an effort to increase revenue from the sales of coffee beans,the government decides to raise the price above P0.Describe why it would take more effort for the government to raise the price to P2 than it would for it raise the price to P1. 
Definitions:
Osteoporosis
A medical condition characterized by the weakening of bones, making them fragile and more prone to fractures.
Bone Density
A measurement indicating the amount of mineral matter per square centimeter of bones, used in assessing osteoporosis and fracture risk.
Osteopenia
A condition characterized by lower than normal bone density, which can precede osteoporosis.
Osteomyelitis
An infection of bone, which can lead to bone damage and loss if untreated.
Q10: The price mechanism that guides people's actions
Q25: Which of the following is not one
Q47: Are the elasticities of demand and supply
Q53: Refer to the production possibility curve for
Q66: State and local governments do not receive
Q73: Suppose that in Colombia one unit of
Q73: Refer to the following table to
Q96: The principle of increasing marginal opportunity costs
Q106: Suppose each of the following rows
Q162: Suppose that the price elasticity of supply