(Consider This) Suppose that coffee growers sell 200 million pounds of coffee beans at $2 per pound in 2015 and 240 million pounds for $3 per pound in 2016. Based on this information, we can
Conclude that the
A) law of supply has been violated.
B) law of demand has been violated.
C) demand for coffee beans has increased.
D) supply of coffee beans has increased.
Correct Answer:
Verified
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