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Global cocoa production is dropping due to conflicts in some parts of Africa where it is grown and an increase in crop diseases affecting cocoa
Global cocoa production is dropping due to conflicts in some parts of Africa where it is grown and an increase in crop diseases affecting cocoa plants. But a growing middle class in China and India is increasing global demand for chocolate. Analyse with demand and supply curves the impact on the price of chocolate in Australia and the quantity sold. What would determine how large is the impact
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