lixxy05 lixxy05

07-09-2018
Business

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In the event of excess supply in the coffee market __________. options: the price of coffee will increase the price of coffee will decrease the supply of coffee will decrease (supply will shift to the left. to meet the demand the demand for coffee will increase (demand will shift to the right. to meet the supply

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Meghakartik1 Meghakartik1

02-10-2019

Answer:

the price of coffee will decrease

Explanation:

the price of coffee will decrease because the demand of coffee is clearly greater than the supply, hence in order to reach the point of equilibrium again (a point where demand equals supply), the price is to decrease

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