? If technology improves the yield of coffee beans the supply of coffee will increase. demand for tea will increase. the quantity of both demand and supply will decrease. the quantity supplied of coffee will increase. demand for coffee will increase.
? If technology improves the yield of coffee beans the supply of coffee will increase. demand for tea will increase. the quantity of both demand and supply will decrease. the quantity supplied of coffee will increase. demand for coffee will increase.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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I'm studying for my final at the end of the week and haven't been able to answer this question and understand it. I'd greatly appreciate some help.
Transcribed Image Text:? If technology improves the yield of coffee beans
the supply of coffee will increase.
demand for tea will increase.
the quantity of both demand and supply will decrease.
the quantity supplied of coffee will increase.
demand for coffee will increase.
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