Chapter 4, Problem 19P

To determine

(a)

Effect on the supply of coffee worldwide if the freezing temperature wipes out half of the Brazil's coffee crop

To determine

(b)

Effect on supply of coffee around worldwide if the wages of coffee workers in Latin America rise as unionization efforts succeed.

To determine

(c)

Effect on supply of coffer around the world if Indonesia offers big subsides to its coffee producers.

To determine

(d)

Effect on supply of coffee around the world if a genetic engineering produces a coffee bean that grows faster and needs less care

To determine

(e)

Effect on supply of coffee around the world if coffee suppliers expect the prices to be hiher in the future.