The supply of cocoa is influenced by
...The supply of cocoa is influenced by
Seasonal conditions
The efficacy of fertilizer used
The demand for beverages
The availability of close substitutes
Correct answer is C
The supply of cocoa is influenced by the demand for beverages. Cocoa is used for the production of beverages such as tea and coffee.
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If the coefficient of price elasticity of demand is 0.1, demand is ...
The determination of price by bargaining between buyers and sellers is_______ ...
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Calculate the marginal physical product of the last unit of input ...