Question

Which event could have caused the following? Event # happened. As a result, demand for coffee ni Possible Events: 1. The price of coffee rises 2. The price of coffee falls 3. American Medical Association reports that drinking coffee causes cancer 4. American Medical Association reports that drinking coffee reduces cancer 5. Half of the coffee harvest turns out to be no good due to adverse weather conditions 6. Coffee harvests increase due to great weather conditions 7. Half of the coffee harvest turns out to be no good due to adverse weather conditions and the American Medical Association reports that drinking coffee causes cancer 8. Half of the coffee harvest turns out to be no good due to adverse weather conditions and the American Medical Association reports that drinking coffee reduces cancer 9. Coffee harvests increase due to great weather conditions and the American Medical Association reports that drinking coffee causes cancer 10. Coffee harvests increase due to great weather conditions and the American Medical Association reports that drinking coffee reduces cancer thel

Which event could have caused the following?

Event #_ happened. As a result, demand for coffee decreased.

Possible Events:

1 The price of coffee rises

2 The price of coffee falls

3 American Medical Association reports that drinking coffee causes cancer

4 American Medical Association reports that drinking coffee reduces cancer

5 Half of the coffee harvest turns out to be no good due to adverse weather conditions

6 Coffee harvests increase due to great weather conditions

7 Half of the coffee harvest turns out to be no good due to adverse weather conditions and the American Medical Association reports that drinking coffee causes cancer

8 Half of the coffee harvest turns out to be no good due to adverse weather conditions and the American Medical Association reports that drinking coffee reduces cancer

9 Coffee harvests increase due to great weather conditions and the American Medical Association reports that drinking coffee causes cancer

10 Coffee harvests increase due to great weather conditions and the American Medical Association reports that drinking coffee reduces cancer

Answer 1

The demand of coffee has decreased this could happen due to:

1. American Medical Association reports that drinking coffee causes cancer

Rest of the factor impact the supply of coffee such as weather not being good that further affects the production of coffee. Similarly the rise/fall in the price of coffee affect the quantity demand and it doesn`t shift the demand curve.