Country X doesn't give up a more efficient form of production in order to grow coffee.
When they can produce it at a lower opportunity cost than other countries.
For example, Brazil has an absolute advantage over the United States in the production of coffee; the nations of the Middle East have an absolute advantage over the United States in the production of crude oil.
Most of Florida's production comes in the form of livestock and crops. Some other exports include cotton cloth and coffee.
If the wages of coffee-bean pickers fell, coffee-bean companies would be able to hire more of them, because they could afford it. More workers can produce more coffee-beans, so supply increases. In this problem, it is implied that tea is a substitute good for coffee. If the price of tea fell, but the price of coffee stayed the same, people would switch to tea, to save a couple bucks. Demand for tea goes up, demand for coffee goes down.
The average cup of coffee cost 5 cents in 1920. Today, that same cup of coffee may cost as much as two dollars.
When they can produce it at a lower opportunity cost than other countries.
For example, Brazil has an absolute advantage over the United States in the production of coffee; the nations of the Middle East have an absolute advantage over the United States in the production of crude oil.
Coffee County was named after John R. Coffee in the early 19th century. Obviously you can get a cup of coffee in this county, but no, coffee is not grown here or anywhere else in the continental United States.
yes
One key advantage was patented technology and consequently automated production on a huge (and therefore highly economical) scale. Eliminating much repetitive labor in loading and unloading
Coffee County farmers made more money than ever before.
Brazil
Coffeeland :)
Brazil
Brazil leads the world in coffee production.
Coffee contains a quite high amount of antioxidant. It's healthy to drink a cup of coffee each day.
The phone number of the Coffee County-Manchester Public Library is: 931-723-5143.