Economics (AS & A Level) · Oct / Nov 2021 · Paper 13 · Question 7
The diagram shows the average world price of coffee in US cents per pound weight (lb) between 1997 and 2005. Which event is consistent with the price behaviour shown in the specified time period?
- Aa continuous rise in the price of tea between 1997 and 2001
- Bthe entry to the market of new producers of coffee between 1997 and 2001
- Ca series of good coffee harvests between 2001 and 2005
- Dincreasing health worries about drinking coffee between 2001 and 2005
As printed in the paper
Show the answer
Correct answer: B. the entry to the market of new producers of coffee between 1997 and 2001
Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.