Refer to the accompanying figure, which shows the market for cups of coffee. What might cause a shift from the original supply curve to the new supply curve?  

A. A news report that coffee consumption increases longevity
B. An increase in the price of tea
C. A new technology that reduces amount of coffee beans needed to make a good cup of coffee
D. A storm that wipes out a large part of the coffee crop


Answer: C

Economics

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