The diagram shows the average world price of coffee in US cents per pound weight (Ib) between 1997 and 2005. Which event is consistent with the price behaviour shown in the specified time period?
A.
a continuous rise in the price of tea between 1997 and 2001
B.
the entry to the market of new producers of coffee between 1997 and 2001
C.
a series of good coffee harvests between 2001 and 2005
D.
increasing health worries about drinking coffee between 2001 and 2005
Exam No：9708_w21_qp_13 Year：2021 Question No：7
Answer:
B
Knowledge points:
4.6.2.1 consumer price index (CPI)
4.6.2.2 possible difficulties in measurement
Solution:
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