Business, 24.04.2020 15:18 la200564

A severe drought has devastated cocoa plants, causing an increase in the price of chocolate. In the market for chocolate chip cookies,
a. supply has decreased and the price has increased.
b. the quantity has decreased and the price has decreased.
c. quantity demanded has increased.
d. a surplus will arise.

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A severe drought has devastated cocoa plants, causing an increase in the price of chocolate. In the...