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A rise in price of tea will lead to an upward movement in the demand curve of coffee. |
Answer» <html><body><p></p>Solution :Rise in price of tea <a href="https://interviewquestions.tuteehub.com/tag/lead-540361" style="font-weight:bold;" target="_blank" title="Click to know more about LEAD">LEAD</a> to a rightward shift in <a href="https://interviewquestions.tuteehub.com/tag/demand-436956" style="font-weight:bold;" target="_blank" title="Click to know more about DEMAND">DEMAND</a> curve of coffee as coffee will become <a href="https://interviewquestions.tuteehub.com/tag/relatively-621723" style="font-weight:bold;" target="_blank" title="Click to know more about RELATIVELY">RELATIVELY</a> cheapter in comparison to tea.</body></html> | |