Illustrate how the more expensive cocoa is affecting

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Question: Watch the video below: Chocolate Prices Draw a supply and demand for chocolate. Label the curves and the axes. In the same diagram, illustrate how the more expensive cocoa (an input) is affecting the market equilibrium. (Hint: The change in chocolate prices in your graph has to be consistent with the content of the video.)

 

 

Reference no: EM133552306

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