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question 5 of 8 jessie runs a coffee shop in a small college town. he u…

Question

question 5 of 8 jessie runs a coffee shop in a small college town. he usually sells 100 cups of coffee every day. but many students and faculty members are out of town during the summer, and he is wondering whether he should cut down on ordering coffee beans. what may happen to jessies coffee bean supply if he orders the same amount of coffee beans for the summer? surplus balance shortage equilibrium

Explanation:

Brief Explanations

Since fewer students and faculty are in town in summer, demand for coffee will drop. If Jessie orders the same amount of coffee - beans as usual, supply will exceed demand, leading to a surplus.

Answer:

A. Surplus