Recall the Application about the harmattan and how it affects the price of cocoa to answer the following question(s).
-Recall the Application.Using supply and demand analysis,the increase in the price of cocoa can be illustrated as

Question

Quizplus · Accepted Answer

The harmattan leads to the destruction of cocoa trees and reduces the supply of cocoa beans in the market. Hence, there is a leftward shift in the supply curve for cocoa, resulting in an increase in the price of cocoa. This can be illustrated by the movement of the supply curve to the left. Therefore, the best choice is A.

Recall the Application About the Harmattan and How It Affects