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INTRODUCTION TO ECONOMICS
SUMMATIVE ASSIGNMENT
CASE STUDY QUESTIONS - COFFEE
经济学导论之关于咖啡问题的案例分析总结
QUESTION 1A [4 marks]
Identify TWO factors of production used in coffee bean growing, providing an example in each case. 确定两个因素，生产中使用的咖啡豆增长量，在各种情况下提供一个例子。
ANSWER:
QUESTION 1B [5 marks]
Draw a production possibility curve diagram to show the increasing opportunity costs facing countries if they shift from growing coffee beans to growing corn.
ANSWER:
QUESTION 1C [8 marks]
With reference to the production possibility curve diagram you drew for Question 1B, explain the Economics concepts of scarcity, choice and increasing opportunity costs. You must provide examples specific to the shift from growing coffee beans to growing corn.从问题1的生产可能性曲线图，解释经济学的稀缺性，选择和增加机会成本的概念。您必须提供特定的转变，从不断增长的咖啡豆种植玉米的例子中取得这些数据。
ANSWER:
QUESTION 2A [4 marks]
Identify ONE non-price determinant that could decrease supply of coffee beans, and identify ONE non-price determinant that could increase supply of coffee beans.
ANSWER:
QUESTION 2B [13 marks]
Using a fully labelled diagram [7 marks], explain clearly the effect on equilibrium quantity and price of ONE of the non-price determinants referred to in your answer to Question 2A [6 marks].
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QUESTION 2C [7 marks]
Draw a fully-labelled demand and supply diagram to show the likely effect on the coffee market if consumption decreases in Scandinavia, Europe and the USA.
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QUESTION 2D [6 marks]
Explain the diagram you drew for Question 2C.
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QUESTION 3A [4 marks]
Explain why the YED (income elasticity of demand) for coffee is high.YED（收入需求弹性）的咖啡是解释为什么。
ANSWER:
QUESTION 3B [4 marks]
Explain why the PED (price elasticity of demand) for coffee is low. http://www.ukassignment.org/marketing/
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QUESTION 3C [4 marks]
Would you expect the price elasticity of supply of coffee beans to be high or low? Give reasons for your answer.
ANSWER:
QUESTION 4A [2 marks]
Identify ONE fixed cost and ONE variable cost relevant to traditional coffee bean growing.
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QUESTION 4B [5 marks]
Define ‘economies of scale’ and identify TWO sources of these that are likely to be found in the industrial coffee bean production used in Brazil.
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QUESTION 5A [1 mark]
Which market structure best describes the coffee bean growing industry?市场结构最能说明的咖啡豆增长的行业吗？
ANSWER:
QUESTION 5B [1 mark]
Which market structure best describes the coffee retail (cafe) sector?市场结构最能说明咖啡零售（网吧）行业？
ANSWER:
QUESTION 5C [15 marks]
Explain your answer to EITHER Question 5B OR Question 5C.
ANSWER:
QUESTION 6A [1 mark]
Identify ONE example of a negative externality in Brazil’s industrial coffee bean production.
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QUESTION 6B [1 mark]
Identify ONE example of a negative externality in the coffee retail (cafe) sector.确定在咖啡零售（网吧）行业的外部性列举一个例子。
ANSWER:
QUESTION 6C [15 marks]
Choose EITHER Question 6A OR Question 6B and explain your answer using the key market failure concepts.
ANSWER:
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