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12. Brazil is the world's largest coffee producer. There was a severe drought in Brazil in 2013-14 that damaged Brazil's coffee crop. The price of

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12. Brazil is the world's largest coffee producer. There was a severe drought in Brazil in 2013-14 that damaged Brazil's coffee crop. The price of coffee beans doubled during the first three months of 2014. a. Draw and discuss a supply and demand diagram to explain the increase in coffee prices. b. Are coffee and tea substitutes or complements? Explain

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