What are the two ‘dark clouds’ as a matter of concern over International Flows of capital?
What are the two ‘dark clouds’ as a matter of concern over International Flows of capital?
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Below are the individual demand schedules of dark chocolate for Vanessa and Angela. Assuming they are the only people in the market for dark chocolate, draw each of their individual demand curves on the graph below, as well as the market demand curve, and answer the below multiple choice question.
| Price of dark chocolate per pound | Pounds of dark chocolate demanded (Angela) | Pounds of dark chocolate demanded (Vanessa) |
| $8 | 1 | 3 |
| $1 | 3 | 5 |
After a while, Angela gets sick of eating the bitter chocolate and decides to cut back on dark chocolate and enjoy white chocolate more. What will happen as a result of Angela's decision? Select all of the correct answers.
A. Angela's individual demand curve for white chocolate shifts to the right
B. Angela's individual demand curve for dark chocolate shifts to the left
C. The market demand curve for chocolate shifts to the left
D. Vanessa's individual demand curve shifts to the right to compensate for Angela cutting back on dark chocolate
