When you go to the store to buy some M&Ms candy, you find they are LESS expensive than they were last month. Which of the following could explain why M&Ms are LESS expensive? Select one: a. Consumers have switched to buying other types of chocolate. b. A new study finds that the benefits of eating chocolate are enormous. c. The supply of cacao beans, used to produce chocolate, has decreased around the world. d. A new robot has been installed at the Mars chocolate company which actually increases the time needed to produce M&Ms.
When you go to the store to buy some M&Ms candy, you find they are LESS expensive than they were last month. Which of the following could explain why M&Ms are LESS expensive? Select one: a. Consumers have switched to buying other types of chocolate. b. A new study finds that the benefits of eating chocolate are enormous. c. The supply of cacao beans, used to produce chocolate, has decreased around the world. d. A new robot has been installed at the Mars chocolate company which actually increases the time needed to produce M&Ms.
Chapter4: Supply And Demand: An Initial Look
Section: Chapter Questions
Problem 2DQ
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When you go to the store to buy some M&Ms candy, you find they are LESS expensive than they were last month. Which of the following could explain why M&Ms are LESS expensive?
Select one:
a. Consumers have switched to buying other types of chocolate.
b. A new study finds that the benefits of eating chocolate are enormous.
c. The supply of cacao beans, used to produce chocolate, has decreased around the world.
d. A new robot has been installed at the Mars chocolate company which actually increases the time needed to produce M&Ms.
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