In the market for coffee, if the price of sugar increases, which curve shifts and in what direction?
A. Demand curve shifts inward
B. Supply curve shifts inward
C. Demand curve shifts outward
Why?
A. A change in taxes, subsidies, or regulation
B. A change in the state of priduction technology
D. A change in consumer expectations
E. A change in the number of consumers
G. A change in the price of a complement good
H. A change in the number of sellers
J. A change in derived demand
K. A change in the quantity demanded of a byproduct
M. A change in tastes and preferences
N. A change in the price of a substitute good