Suppose It Was Discovered That the Consistent Consumption of Chocolate

question 197

Multiple Choice

Suppose it was discovered that the consistent consumption of chocolate raised IQ by ten points.As a result,

• A)both equilibrium price and quantity for chocolate will rise.
• B)both equilibrium price and quantity for chocolate will fall.
• C)equilibrium price will rise and equilibrium quantity will fall for chocolate.
• D)equilibrium price will fall and equilibrium quantity will rise for chocolate.

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