(Consider This) Suppose that coffee growers sell 200 million pounds of coffee beans at $2 per pound in 2015 and 240 million pounds for $3 per pound in 2016. Based on this information, we can conclude that the:
A. law of supply has been violated.
B. law of demand has been violated.
C. demand for coffee beans has increased.
D. supply of coffee beans has increased.
Answer: C
Economics
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