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Suppose That the Market for Coffee Is in Equilibrium at a Price

Question 6

Multiple Choice

Suppose that the market for coffee is in equilibrium at a price of $15 per kilogram.This means that


A) all producers who want to sell coffee are pleased.
B) all remaining producers require less than $15 to produce coffee.
C) all consumers who want to buy coffee are satisfied.
D) all remaining consumers value a kilogram of coffee at less than $15.
E) many trades between consumers and producers remain.

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