The Below Figure Shows the Demand and Supply Curves in the Market

question 53

Multiple Choice

The below figure shows the demand and supply curves in the market for coffee.S₁ and D₁ are the original demand and supply curves. Figure 3.5

-Based on Figure 3.5,which of the following conditions would most likely move the point of equilibrium from A to D?

• A)An increase in the income of a coffee buyer.
• B)A decrease in the price of coffee.
• C)A drought in Colombia,a major coffee producer,that affects the coffee harvest.
• D)A decrease in the price of non-dairy creamers that are consumed along with coffee.
• E)An increase in the price of tea,assumed to be a substitute for coffee.

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Definitions:

Multiple Allele System

A situation in genetics where more than two alleles exist for a given gene within a population.

Gene

A unit of heredity made up of DNA that is responsible for a particular trait or function in living organisms.

Population

refers to all the members of a particular species living in a specific geographic area, capable of interbreeding.

Blood Type O

The blood group characterized by the absence of A and B antigens on red cells and the presence of anti-A and anti-B antibodies in the plasma.