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10 May, 06:53

The supply of coffee has increased twice as much as the demand for coffee. As a result, we can predict a (n) :

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  1. 10 May, 08:30
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    Increase in the supply of coffee will result to a decrease in price of coffee, this is because there is more coffee in the market compared to the quantity demanded by the consumers. Hence, the surplus coffee in the market will make the suppliers or the sellers to lower the price so as to clear the stocks.
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