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
Correct Answer:
Verified
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