Assuming Insects Destroyed Most of the Coffee Crops in Key

question 33

Multiple Choice

Assuming insects destroyed most of the coffee crops in key coffee-producing countries worldwide,which of the following would most likely occur within the coffee market?

• A)Coffee prices would increase.
• B)Coffee prices would decrease.
• C)Demand for coffee would increase.
• D)Demand for coffee would decrease.

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Definitions:

Cognitive Dissonance

A psychological phenomenon where one experiences discomfort from holding two or more conflicting beliefs, ideas, or values.

Social Identity

An individual's sense of who they are based on their group membership(s), playing a key role in shaping attitudes and behavior.

Group Pressure

The influence exerted by a group that encourages individuals to change their attitudes, values, or behaviors to conform to group norms.

Norm Formation

The process by which new standards of behavior, attitudes, or beliefs become established within a social group.