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Coffee from Colombia last year was supplied at $9 per 10 pounds. This year the demand has decreased and that same supply of Colombia coffee is priced at $6 per 10 pounds. What will happen to supply of
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Coffee from Colombia last year was supplied at $9 per 10 pounds. This year the demand has decreased and that same supply of Colombia coffee is priced at $6 per 10 pounds. What will happen to supply of Colombian coffee this year

User Fabio Guerra
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13 votes
13 votes

Answer:

There's a decrease in the quantity supplied

Step-by-step explanation:

since there is a decrease in the price so it would impact the quantity supplied but not the supply as per the law of supply in the case when price reduced the quantity supplied so it should be reduced and vice versa

Since price reduced from $9 for 10 pounds to $6 for 10 poinds

So there is a decrease in the quantity supplied

User Yuuu
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