Question: TECO1113D Microeconomics Tutorial 4 Question 1 The table shows the supply schedules for coffee for Liam and Chris. Price Market (RM/cup) Quantity supplied for supply

TECO1113D Microeconomics Tutorial 4 Question 1 The table shows the supply schedules for coffee for Liam and Chris. Price Market (RM/cup) Quantity supplied for supply coffee (cups) (cups) Liam Chris 12 5 3 14 8 8 16 14 10 18 17 15 20 20 20 22 26 22 3) Calculate the market supply for coffee and complete the table above. b) Draw the market supply curve. 0) Suppose that the cost of producing coffee has increased, affecting the whole industry. Illustrate the impact on supply by using supply curve

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