cierikamun8152 cierikamun8152
  • 25-11-2022
  • Business
contestada

consider the market for coffee, and suppose that the demand for coffee falls (because of a fall in the price of tea, a substitute good), leading to a new equilibrium price and quantity of coffee. using diagrams, explain the role of price as a signal and as an incentive for consumers and for firms in reallocating resources.

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