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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 cocon beans, How would each oven! be Illustrated in a diagram? a. Ideal growing conditions lead to a bumper crop of cocoa beans in Ivory Coast, the largest supplier of cocon bears, The world supply curve of cocoa beans would shift to the right . since this event would Increase the quantity supplied at every price, b. There is a dramatic fall in the world price of coffee beans. Assume that farmers growing cocoa beans can sally grow coffee beans instand: The world supply curve of cocoa beans would shift to the left winon this event would decrease the quantity supplied at every price