Market research has revealed the following information about the market for dark chocolate bars: QP =1600-300P and Q =1400 + 700P. D.2 A. Calculate the equilibrium price ( in dollars) and quantity in the market for dark chocolate bars( B. Explain, analyze and illustrate changes in equilibrium in the following statements below Price of chocolate bars increases b. Cocoa production decreases due to pest infestations

Market research has revealed the following information about the market for dark chocolate bars: QP =1600-300P and Q =1400 + 700P. D.2 A. Calculate the equilibrium price ( in dollars) and quantity in the market for dark chocolate bars( B. Explain, analyze and illustrate changes in equilibrium in the following statements below Price of chocolate bars increases b. Cocoa production decreases due to pest infestations

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Hello, please help me with this question. I already did scenario A. please help me with the rest!!!
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