Question: Answer the c part.Options for the second drop down in the c part are as the following:1. Not change any variables that affect quantity supplied
Answer the c part.Options for the second drop down in the c part are as the following:1. Not change any variables that affect quantity supplied other than price.2. Increase the quantity supplied at every price.

3.2 Study Exercise 8 (Algo) Question Help Consider the world supply of cocoa beans, the main input in the production of chocolate For each of the events listed below, state and explain the likely effect on the supply of cocoa beans How would each event be illustrated in a diagram? a. Unexpected growing conditions lead to a poor yield of cocoa beans in Ivory Coast, the largest supplier of cocoa beans The world supply curve of cocoa beans would shift to the left since this event would decrease the quantity supplied at every price b. There is a dramatic rise in the world price of coffee beans. Assume that farmers growing cocoa beans can easily grow coffee beans instead. The world supply curve of cocoa beans would shift to the left since this event would decrease the quantity supplied at every price Incorrect c. Wages for farm labour in cocoa-growing regions fall. The world supply curve of cocoa beans would shift to the left since this event would increase the quantity supplied at every price shift to the left not shift, but there would be a movement up and to the right along the curve not shift and show no movement along the curve not shift, but there would be a movement down and to the left along the curve shift to the right ? Click to select your answer(s) and then click Check Answer. Final Check
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