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Suppose that as a result of the study mentioned above, culturally, coffee becomes more of a necessary good. How do you imagine this will affect
Suppose that as a result of the study mentioned above, culturally, coffee becomes more of a necessary good. How do you imagine this will affect the market for coffee? Why? Which determinant of demand or supply is being affected, if any? How will this change the equilibrium price and quantity in the coffee market? Explain your reasoning. Include a supply and demand graph that shows "before" and "after" in the same graph
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