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If a new machine was developed that picked coffee beans twice as fast as is currently possible, what would you expect to happen to the price of coffee Question 4 options: The price would increase to pay for the new machinery. The price would decrease because there would be more coffee available. The price would increase due to greater demand for coffee picked this way. The price would decrease because fewer would want coffee picked by a machine.

2 Answers

3 votes

The price would increase due to greater demand for coffee picked this way.

answered
User Archit Sinha
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6 votes

answer: the price would decrease because there is more coffee available

answered
User CyberJ
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8.5k points

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