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Suppose It Was Discovered That the Consistent Consumption of Chocolate

Question 148

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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