Question

Which of the following would cause a shift to the right of the supply curve for...

Which of the following would cause a shift to the right of the supply curve for coffee?

I. A large increase in preference for coffee.
II. A large decrease in the price of a cup of coffee.
III. A good harvest of coffee bean.

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Select one:

I only

II only

II and III only

III only

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Answer #1

C

A large decrease in price of a cup of coffee and a good harvest of coffee bean can both shift the supply curve of coffee to the right.

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