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Show the outcome (that is, the effect) of the following events on Demand, Supply and the equilibrium price and quantity. Consider the MARKET FOR COFFEE.

Show the outcome (that is, the effect) of the following events on Demand, Supply and the equilibrium price and quantity.

Consider the MARKET FOR COFFEE. Event: The salary of coffee harvesters increases

Indicate any changes (e.g., increase (or ), decrease (or ) , or stays the same):

Demand

Supply

Equilibrium Price

Equilibrium Quantity

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