Suppose CNN announces that bad weather in Central America has greatly reduced the number of cocoa bean
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Suppose CNN announces that bad weather in Central America has greatly reduced the number of cocoa bean plants and for this reason the price of chocolate is expected to rise soon. As a result,
a. the current market demand for chocolate will decrease.
b. the current market demand for chocolate will increase.
c. the current quantity demanded for chocolate will decrease.
d. no change will occur in the current market for chocolate.
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