Question 36. 2 pts If the market price of coffee is $3.50 per pound but the government will not allow coffee growers to

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Question 36 2 Pts If The Market Price Of Coffee Is 3 50 Per Pound But The Government Will Not Allow Coffee Growers To 1 (33.49 KiB) Viewed 15 times

Question 36. 2 pts If the market price of coffee is $3.50 per pound but the government will not allow coffee growers to charge more than $2.75 per pound of coffee, which of the following will happen? O There will be a shortage of coffee. The market will be in equilibrium at a price of $2.75. O Demand must eventually decrease so that the market will come into equilibrium at a price of $3.50. O Supply must eventually increase so that the market will come into equilibrium at a price of $3.50. Next • Previous Submit Quiz No new data to save. Last checked at 10:46pm Tim Atter 37 F