Four students from your economics class are sitting in a local restaurant discussing the market for coffee. below are quotes from each of the four students. all of the following quotes are logically correct except one. which quote indicates incorrect economic analysis? a. nicholas: "if brazil is hit hard by such a severe freeze that half of its crop is wiped out, then the price of coffee will probably rise."b. kendra: "if the price of caffeinated soft drinks such as mountain dew went down, then consumer demand for coffee would go down since they're substitutes for each other."c. sergei: "if the demand for coffee were to increase, then i would expect the price to rise, which would then cause the demand to fall back down to its original position."d. tasha: "if coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."

D. Tasha: "If coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."

This is the only one with incorrect economic analysis

Explanation:

A. is correct because a shortage of supply would drop the price as we can see in the Graph 1 with the supply curve.

B. is correct because if the two goods are substitues then a lower price for caffeinated soft drinks like Mountain Dew would cause the consumer demand for coffe to go down because the consumers would prefer the good with lower price, rising the demand for Mountain dow in detriment of coffe.

C. is correct as we can see in the Graph 1, the increse in the demand would generate a higher price but it would make the demand go back to D1

D. is incorrect because if coffee drinkers consume more coffee this monht the price would lower.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.