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    Exam 3: Demand and Supply
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    A Decline in the Supply of Coffee Will Result in A(n)
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A Decline in the Supply of Coffee Will Result in A(n)

Question 53

Question 53

Multiple Choice

A decline in the supply of coffee will result in a(n)


A) increase in its demand
B) rise in price and a fall in quantity
C) rise in price and a rise in quantity
D) fall in price and a fall in quantity
E) fall in price and a rise in quantity

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