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Refer to the Accompanying Figure, Which Shows the Market for Cups

Question 115

Multiple Choice

Refer to the accompanying figure, which shows the market for cups of coffee. What might cause a shift from the original supply curve to the new supply curve? Refer to the accompanying figure, which shows the market for cups of coffee. What might cause a shift from the original supply curve to the new supply curve?     A) A storm that wipes out a large part of the coffee crop B) A new technology that reduces amount of coffee beans needed to make a good cup of coffee C) A news report that coffee consumption increases longevity D) An increase in the price of tea  


A) A storm that wipes out a large part of the coffee crop
B) A new technology that reduces amount of coffee beans needed to make a good cup of coffee
C) A news report that coffee consumption increases longevity
D) An increase in the price of tea

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