The most likely effect on the demand for coffee after a decrease in the price of tea would be a decrease in the demand for coffee. This is because coffee and tea are often considered substitute goods. When the price of tea decreases, some consumers may choose to buy tea instead of coffee, leading to a shift in demand away from coffee. Consequently, the demand curve for coffee would shift to the left, indicating a lower quantity demanded at any given price.
What should be the most likely effect on the demand for coffee after a decrease in the price of tea
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