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Due to favorable weather conditions, a coffee-producing region experiences a record harvest, resulting in an abundant supply of coffee beans. How would this situation likely
Due to favorable weather conditions, a coffee-producing region experiences a record harvest, resulting in an abundant supply of coffee beans. How would this situation likely impact the market for coffee? Increase in price, increase in quantity Increase in price, decrease in quantity Decrease in price, decrease in quantity Decrease in price, increase in quantity
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