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Business, 30.05.2021 04:40 davisnaziyahovz5sk

An early frost destroys 20% of the coffee bean crop. If the supply and demand for coffee beans are both relatively inelastic, and the frost does not impact the quality of the coffee beans that make it to market. Required:
What will most likely occur to the equilibrium price and quantity of coffee beans?

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An early frost destroys 20% of the coffee bean crop. If the supply and demand for coffee beans are b...

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