Problem:
Coffee is a commodity that is grown, processed and shipped all over the world. Research coffee on the Internet (here is a good website to start with: https://www.ico.org). Please analyze and try to find data on the market for coffee to support your answers that should be addressed in APA style to the following questions:
Question 1: What are the determinants of demand for coffee?
Question 2: What economic events or changes will "shift" demand and supply curves, and separately "move" demand or supply along their respective curves?
Question 3: What will be the resulting effect on equilibrium price?
Question 4: Can you explain any of the historical coffee price fluctuations?