Which of the Following Is True If the Price of Coffee

question 69

Multiple Choice

Which of the following is true if the price of coffee increases?

• A) The demand for tea, a substitute good, will decrease.
• B) The demand for coffee will increase.
• C) The demand for tea, a substitute good, will increase.
• D) Both the demand for coffee and tea will increase.

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Definitions:

Activity Sheet

A printed page containing tasks or exercises designed to facilitate learning or engagement in a specific topic.

Modeling

A method of learning that involves observing and imitating others' behaviors.

Smiling

The act of expressing happiness, friendliness, or amusement through curving the lips upward.

Imitates

To copy or mimic the actions, behaviors, or characteristics of someone or something.