Understand and describe what happens when a market is not in equilibrium.
-Draw a simple supply and demand curve diagram for coffee. Assume that incomes of consumer are rising. What happens to demand and supply? What happens to equilibrium price and quantity?

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The Answer of Understand and describe what happens when a market is not in equilibrium.
-Draw a simple supply and demand curve diagram for coffee. Assume that incomes of consumer are rising. What happens to demand and supply? What happens to equilibrium price and quantity?

Understand and Describe What Happens When a Market Is Not