Economics 0455 · IGCSE · Price changes

Price changes — practice question

The diagram illustrates the demand curve for coffee in the US. Why did quantity demanded change from $Q_1$ to $Q_2$?

  • ACoffee became cheaper.
  • BIncomes rose in the US.
  • CThere was a successful advertising campaign by coffee retailers.
  • DThe price of substitutes for coffee rose.

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