Answer to Question #182805 in Microeconomics for Lucy

Question #182805

Which of the following will not cause a change in the demand for coffee (illustrated by a shift of the demand curve)?


A decrease in the price of milk, a complement


An increase in the price of coffee


An increase in the price of tea, a substitute


An increase in the number of people drinking coffee


An increase in the number of households


1
Expert's answer
2021-04-21T13:05:00-0400

An increase in the number of households has nothing to do with the demand and supply of coffee.


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