Suppose we are analyzing the market for cafe latte


Suppose we are analysing the market for cafe latte. Graphically illustrate the impace each of the following on demand or supply. Also show how equilibrium price and quantity would change. 1. The hot season starts and the weather turns warmer. 2. The price of tea, a substitute for cafe latte, increas. 3. The price of coffee beans increases 4. A better method of harvesting coffee beans is introduced

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