In a recent report it was said that there are health benefits to consuming coffee as it has anti-oxidants. Which of the following statements are true in the market for coffee? Select one: O a. The supply curve for coffee will shift outwards Ob. The demand curve for coffee will shift inwards O c. The demand curve for coffee will shift outwards O d. The supply curve for coffee will shift inwards

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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In a recent report it was said that there are health benefits to consuming coffee as it has anti-oxidants. Which of
the following statements are true in the market for coffee?
Select one:
a. The supply curve for coffee will shift outwards
O b. The demand curve for coffee will shift inwards
O c. The demand curve for coffee will shift outwards
O d. The supply curve for coffee will shift inwards
Next page
s page
EP
Transcribed Image Text:In a recent report it was said that there are health benefits to consuming coffee as it has anti-oxidants. Which of the following statements are true in the market for coffee? Select one: a. The supply curve for coffee will shift outwards O b. The demand curve for coffee will shift inwards O c. The demand curve for coffee will shift outwards O d. The supply curve for coffee will shift inwards Next page s page EP
A tax placed on buyers of airline tickets will
the quantity of airline tickets to
the price received by sellers of airline tickets and causes
Select one.
O a. reduce;, decrease
O b. not change; decrease
C. raise, decrease
d. reduce, increase
e. raise; increase
Clear my choice
ER
Next page
Transcribed Image Text:A tax placed on buyers of airline tickets will the quantity of airline tickets to the price received by sellers of airline tickets and causes Select one. O a. reduce;, decrease O b. not change; decrease C. raise, decrease d. reduce, increase e. raise; increase Clear my choice ER Next page
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