Multiple Choice
Which of the following best represents the effects of an increase in the price of coffee, other things being equal?
A) A leftward shift in the demand curve for coffee.
B) A downward movement along the demand curve for coffee.
C) A rightward shift in the demand curve for coffee.
D) An upward movement along the demand curve for coffee.
Correct Answer:
Verified
Correct Answer:
Verified
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