What Would Happen to the Equilibrium Price and Quantity of Coffee

question 319

Multiple Choice

What would happen to the equilibrium price and quantity of coffee if the wages of coffee-bean pickers fell and the price of tea fell

• A)price will fall and the effect on quantity is ambiguous
• B)price will rise and the effect on quantity is ambiguous
• C)quantity will fall and the effect on price is ambiguous
• D)quantity will rise and the effect on price is ambiguous

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Definitions:

Homicides

The deliberate and unlawful killing of one person by another; a serious crime that is tracked and analyzed in legal and sociological contexts.

Suicides

The act of intentionally causing one's own death.

Adolescents

Individuals in the transition phase from childhood to adulthood, typically between the ages of 13 and 19, experiencing rapid physical, emotional, and social changes.

Puberty

The developmental stage in humans marked by physical changes signaling the onset of sexual maturity and the ability to reproduce.