The figure above shows the market for coffee. If more coffee plantations are planted in Brazil and Vietnam so that the supply of coffee increases, the efficient quantity of coffee will ________ and the consumer surplus will ________
A) increase; increase
B) increase; decrease
C) decrease; decrease
D) decrease; increase
A
Economics
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A vehicle currency is:
a. contraband-it is used to smuggle other assets into controlled economies. b. a widely accepted, tradable currency that serves as a currency to use for buying or selling one's own. c. a currency whose value changes rapidly and erratically. d. a currency used to purchase imports of autos, buses, and other transportation equipment.
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What to produce, how to produce, and for who to produce are the three fundamental economic questions
a. True b. False Indicate whether the statement is true or false
Economics