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The Figure Given Below Shows the Demand and Supply Curves

question 56

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

The figure given below shows the demand and supply curves in the market for coffee. S<sub>1</sub> and D<sub>1</sub> 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 B? 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.
-Based on Figure 3.5, which of the following conditions would most likely move the point of equilibrium from A to B?


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