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Question 1 of 10 Imagine a graph of the market for chocolate bars. Suppose a drought in the region where most cocoa beans are grown

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Question 1 of 10 Imagine a graph of the market for chocolate bars. Suppose a drought in the region where most cocoa beans are grown severely damages the crop. Ceteris paribus, what will be the resulting change in equilibrium of the chocolate bar market? 0 A. We can't say what will happen to equilibrium price and quantity. 0 B. Equilibrium price will increase, and equilibrium quantity will decrease. O C. Equilibrium price will decrease, and equilibrium quantity will increase. 0 D. Equilibrium price will increase, and equilibrium quantity will increase. 0 E. Equilibrium price will decrease, and equilibrium quantity will decrease. SUBMIT

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