Economy, asked by chinmaybhude76, 9 months ago

2. As price of coffee increases, demand curve for tea will​

Answers

Answered by SubhodeepChapadar
1

Answer

increase

Explanation:

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Answered by aman2755
2

Answer:

When the price of coffee increases, demand curve (for tea) shifts forward as indicated by D1. Consequently, equilibrium price (of tea) increases from OP to OP1 and equilibrium quantity increases

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