0
If a price of a cup of coffee has dropped to 2.40 today Yesterday's price was 2.75 What is the percentage decrease?
Wiki User
∙ 11y ago
The price dropped 12.7%
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What would happen to the equilibrium price and quantity of coffee if the wages of coffee-bean pickers fell and the price of tea fell?
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.
How much did a cup of coffee cost in 1920?
The average cup of coffee cost 5 cents in 1920. Today, that same cup of coffee may cost as much as two dollars.
Why does fair trade coffee cost more?
Fair Trade is supposed to pay fairer prices to individual growers, improving the economy in the (usually impoverished) regions where coffee is grown, passing that extra cost off to consumers. Tim Harford, an economist and a coffee lover, writes in his lovely book "The Undercover Economist", that fair trade coffee is often used as a means to allow coffee vendors to get customers to pay a higher price for their coffee. Branding coffee as "fair trade" allows them, while indeed paying a little more to the growers, to get a much higher price for a similar cup of coffee. Please see the related links for details.
Identify the factors affecting the demand for and supply of coffee beans?
the amount of coffee banter being dished out
Is coffee an inferior good?
no
What if your cousin Mary dropped an earring in her coffee but the earring did not get wet. how could this be?
They were coffee grounds
How would a decrease of coffee production affect distribution?
It would increase the price of coffee available to purchase in shops.
What is the percentage of coffee given by Africa?
74%
What percentage of world trade does coffee account for?
bit
What percentage water is in 600ml of black coffee?
99.9999999%
What happens to the temp of a cup of coffee when a sugar cube is added. Does the temperature increase or decrease and why?
decrease,because the cube of sugar absorb some heat
What percentage of America drinks coffee everyday?
Above 50%.
What is the percentage of people are coffee drinkers in north America?
82%
What percentage of Americans either drink tea or coffee to start their mornings?
The percentage of Americans that drink tea or coffee to start their mornings range from 50 percent to 80 percent. 50 percent of Americans drink coffee at least once a day.
Does coffee affect weightlifting?
It can help to expand your vein to increase blood flow which is a good thing but to much coffee in big doses will decrease the volume of your muscle
When flushing with Coffee or Green Tea combined with water can you add sugar to the tea or coffee or will that decrease chances of passing a drug test?
no it wont water is a fluid
What is the percentage of adults drinking Tim Hortons coffee in a year?
60%
