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Coffee and Tea Are Substitutes

Question 144

Multiple Choice

Coffee and tea are substitutes.Good weather that sharply increases the coffee bean harvest would


A) increase consumer surplus in the market for coffee and decrease producer surplus in the market for tea.
B) increase consumer surplus in the market for coffee and increase producer surplus in the market for tea.
C) decrease consumer surplus in the market for coffee and increase producer surplus in the market for tea.
D) decrease consumer surplus in the market for coffee and decrease producer surplus in the market for tea.

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