A celebrity declares that drinking three coffees in the morning gives him the needed to do any job better. If his fans want to copy him and do a better job work, which of the following is true? ) the price of coffee will rise because of a movement down the supply curv the price of coffee will fall because the supply curve will shift to the right the price of coffee will rise because of a movement up the supply curve. C) the price of coffee will fall because of a movement down the supply curve

A celebrity declares that drinking three coffees in the morning gives him the needed to do any job better. If his fans want to copy him and do a better job work, which of the following is true? ) the price of coffee will rise because of a movement down the supply curv the price of coffee will fall because the supply curve will shift to the right the price of coffee will rise because of a movement up the supply curve. C) the price of coffee will fall because of a movement down the supply curve

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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