
The Ministry of Health announces that eating chocolate increases tooth decay.As a result,what happens to the equilibrium market price of chocolate and producer surplus
A) They both increase.
B) The equilibrium market price increases, and producer surplus decreases.
C) They both decrease.
D) The equilibrium market price decreases, and producer surplus increases.
Correct Answer:
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Q82: Suppose the demand for nachos increases.What will
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