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If people expect the price of packaged coffee to rise next week, the demand for coffee is likely to increase in the short term. Consumers may rush to buy coffee at the current lower price before the anticipated increase. This heightened demand can lead to a temporary surge in sales and possibly deplete current inventory levels. Additionally, suppliers may respond by adjusting their prices or production to meet this increased demand.

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1w ago

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If people expect the price of packaged coffee to rise next week coffee demand will?

increase


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If goods are dependent on each other, this might be case. Take for instance sugar and coffee or tea. If demand for coffee or tea rises, you can expect the demand for sugar (or milk or any other related product) to rise as well.


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How does supply affect the prices firms charge for goods to consumers?

Change in either demand or supply will cause change in both price and quantity. Suppose people started seeing this headline everywhere: “Medical researchers discover that drinking coffee has immediate health benefits.” What do you expect would happen to the price and quantity of coffee that is exchanged in the market? The news might alter consumer tastes for coffee and lead to an increase in the demand for the drink. As demand increases, the quantity that consumers are willing and able to purchase at every price increases. Because coffee is relatively scarce and its producers face increasing marginal cost, the equilibrium price and quantity of coffee will rise in response to the increased demand.


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If there is an ecxess supply of a good you can expect?

With no subsequent change in demand, you can expect prices to drop.


When the population increases you can expect overall demand to?

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Explain what will happen with demand for coffee if people expect the price of packaged coffee to rise next week.?

people will probley drink less coffee and but some today to stock up for later. More on this Sales of coffee would rise dramatically as people rush to stock up. This may appear to be good for the coffee companies however the sales in the following weeks and months would drop dramatically especially if those expected price increases failed to happen. This would affect the producers ability to provide the freshest possible product as store shelves would not need restocking as quickly as usual. Tinned or prepackaged coffee would not suffer as bad as fresh roast suppliers. This unusual blip in sales would also affect the long term sales forecasts the following year and coffee producers may fail to reach projected targets which are set based on last years numbers.


Consumers expect certain goods and services to be available on demand during?

both high and low demand periods


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As of May 2014, the price of a cup of coffee from Starbucks in Singapore will vary. This depends on the size of the cup. For a tall, coffee drinkers can expect to pay around $2 or 2.50 Singapore dollars.


How much does a cup of coffee cost in Scotland?

The cost of a cup of coffee in Scotland can vary depending on the location and type of coffee. On average, you can expect to pay around £2 to £3 for a standard cup of coffee in most cafes and coffee shops. Specialty or artisanal coffee may cost more.