Refer to the accompanying figure, which shows the market for cups of coffee. Consider the original supply and the original demand curve. If the government imposes a price ceiling of $1.00 on a cup of coffee, then there would be: Original Supply 3.5 3 New Supply 2.5 2 1.5 New Demand 0.5 Original Demand 10 20 30 40 50 60 70 80 90 Quantity (cups/hour) 4. 1. Price ($/cup)

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