Exese 2 [MBA S 2S7 Answer the following questions Q1. Suppose that there is an announcement that chocolate causes cancer. What would happen to equilibrium price and quantity in the market for Godiva chocolate? Be able to draw the graph that illustrates your answer. 2. Suppose that the price of Hershey's chocolate increases. What would happen to equilibrium price and quantity in the market for Godiva chocolate? Be able to draw the graph that illustrates your answer quantity i answer. at the price of sugar increases. What would happen to equilibrium price and n the market for Godiva chocolate? Be able to draw the graph that illustrates your vents a better machine for mixing the ingredients to make 04. Suppose that a company in chocolate candies. What would happen to equilibrium price and quantity in the Godiva chocolate? Be able to draw the graph that illustrates your answer. market for