Figure A1.2 (c) shows that the 2000s were different from the 1990s, which in turn were different

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Figure A1.2

(c) shows that the 2000s were different from the 1990s, which in turn were different from the 1980s. The price of coffee started the 1980s high and then fell for a number of years. During the 1990s, the price was on a roller coaster. And during the 2000s, the price rose steadily through 2014. This graph conveys a wealth of information about the price of coffee, and it does so in much less space than we have used to describe only some of its features.

A cross-section graph shows the values of an economic variable for

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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