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(Question One (25 marks Demand for coffee last Monday is shown in bold [labeled (a .[(D(Monday Market for Coffee Price D(B) D(A) D(Monday) Quantity Refer

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(Question One (25 marks Demand for coffee last Monday is shown in bold [labeled (a .[(D(Monday Market for Coffee Price D(B) "D(A) "D(Monday) Quantity Refer to the figure above. On Tuesday the news featured a story that a storm wiped out the entire coffee crop in Brazil. On Wednesday, what will happen to the demand curve of coffee? Would it shift to the left D(A) or to the right D(B)? Explain why? (8 points The supply of Shrek action figures is shown below. The bold, solid (b line is the current supply The supply of Shrek action figures is shown below. The bold, solid line is the current supply

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