Suppose the market for gourmet chocolate is in long-run equilibrium, and an economic downturn has reduced consumer discretionary incomes. Assume chocolate is a normal good, and the chocolate producers have identical cost structures.  a. Demand will............... b. Profits for chocolate producers in the short run will..............  c. Chocolate producers will .............the market.  d. The long-run supply curve will .....................   shift left; increase; enter; shift right   shift right; increase; exit; not change   shift left; decrease; exit; not change   shift right; decrease; exit; shift left

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