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.
The colors of the first flag for USA are red, white and blue.
Answer: The Printing press, airplane, automobile
Explanation:
The Modern Age is considered the age of science and technology because at this age there are many inventions that people are using now and that made our life easier.
Examples of science and technology inventions: The Printing press, Light bulb, Airplane, Computer, Vaccines, Telephone, Automobile, Camera, Refrigeration, Clock, and more.
There are also Vaccum, the Radar, Automatic washing machine, Email, Internet, Mobile phone.
Answer:
something that is usual, typical, or standard.