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Alisiya [41]
3 years ago
13

Coffee and tea are substitutes in consumption. If there is an increase in the price of coffee, assuming a positively sloped supp

ly curve and a negatively sloped demand curve, total surplus in the tea market: a. may change, but we cannot determine the change without more information. b. will decrease. c. will increase. d. will not change.
Business
1 answer:
WINSTONCH [101]3 years ago
3 0

Answer:

c. will increase.

Hope This Helps ^-^

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