Multiple Choice
Refer to the above diagram, which shows three demand curves for coffee.Which of the following would cause the change in the demand for coffee illustrated by the shift from D1 to D3?
A) a decrease in the price of tea
B) an increase in consumer incomes
C) a decrease in the price of sugar
D) a technological improvement in the production of coffee
Correct Answer:
Verified
Correct Answer:
Verified
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