Answer:
A). It will decrease - 'the quantity of coffee demanded.'
B). It will increase - 'the quantity of coffee supplied by producers'
Explanation:
'Binding price floor' is demonstrated as the price greater than the equilibrium price set by the government to ensure that the prices of such products do not fall below a specific limit.
As per this definition, <u>the quantity of coffee demanded by the consumers will decrease while the quantity supplied(by producers) will increase if the binding price remains constant for several years</u>. This situation of decrease in the quantity demanded(due to hike in prices which is artificially made by the government) while an increase in quantity supplied(due to people reducing purchases as a consequence of hike in prices) which helps ensure a surplus in that good i.e. 'coffee' here.
They realized that they could not keep the United States from talking over the Florida<span> territory so in 1819 </span>Spain<span> agreed to </span>sell Florida<span> to the United States. The Adams-Onis Treaty was approved by </span>Spain<span> and the United States in 1821.</span>
Answer:
you just got coconut malled...can i be the brainiest so i can coconut mall more people?
Explanation:
Answer:
The universe doesn't give a thing about you, but I do
Explanation:
LOLLL thanks for the free points ;)
