What will happen in the market for coffee

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Reference no: EM131424815

Show in a graph, one for each question, what will happen (if anything) in the market for coffee when each of the following happens:

a) the price of coffee falls

b) the price of tea falls

c) incomes fall

d) a new study finds that moderate coffee consumption reduces the probability of certain cancers

e) the price of highway tolls increases

Reference no: EM131424815

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