A change in which of the following will cause a change in the quantity demanded of coffee

●Question 1●0 out of 1 points●●●●A change in which of the following will cause a change in thequantity demanded of coffee?Feedback:

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●Question 2●0 out of 1 points●●●●A change in which of the following will cause a change in thequantity supplied of coffee?Feedback:

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●1 out of 1 points●●●●According to the law of demand, what is the relationship betweenprice and quantity demanded?●●●●●Selected Answer:●b.●inverse●Correct Answer:●b.●inverse●●ResponseFeedback:●FEEDBACK: The law of demand states that, allother things being equal, quantity demanded fallswhen prices rise, and quantity demanded riseswhen prices fall.●●●●●Question 4●1 out of 1 points

●●●●According to the law of supply, what is the relationship betweenprice and quantity supplied?●●●●●Selected Answer:●b.●direct●Correct Answer:●b.●direct●●ResponseFeedback:●FEEDBACK: The law of supply states that, allother things being equal, quantity supplied riseswhen prices rise, and quantity falls when pricesfall.●●●●

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Best Match Question:

'Which of the following will NOT cause a change in the demand for coffee (illustrated by a shift of the demand curve)? Select one: a. An increase in the price of coffee b. An increase in the price of tea, a substitute: c. An increase in the income of households d. An increase in the number of people drinking coffee A decrease in the price of milk, a complement: Reason:'

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Video Transcript

here, for the answer answer is an increase in the price of coffee. The correct option is that increased in price of coffee. Now, for the explanation. When the quantity changes due to a change in price, the movement is along the demand curve. one does not see our shift of the demand curve In cases 2, 3 and four. The demand curve sifts outwards as the quantity demanded increases for a particular price, a compliment has a negative cross elasticity of demand. The demand for coffee increases as the price of milk decreases, there is an outward shift of the demand curve with an increase in household incomes, the disposable income increases. The demand for coffee does increases unless there is a saturation in the market and everyone could afford coffee and as much as amount required, an increase in the number of people drinking coffee also leads to an outward saved in the demand curve. The demand is higher at each price point. So here is the only explanation for the answer, and the answer is an increase in the price of the coffee. Please go through this. Thank you.

Which of the following will cause a change in the quantity of coffee supplied?

Which of the following things would cause an increase in the demand for coffee?

Which of the following would cause quantity demanded to change?

Which of the following will not cause a change in the demand for coffee?