The supply of cocoa is influenced by - JAMB Economics 2012 Question
The supply of cocoa is influenced by
A
seasonal conditions
B
the efficacy of fertilizer used
C
the demand for beverages
D
the availability of close substitutes
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Correct Option: B
The supply of cocoa is directly influenced by factors that affect its production.
- A. seasonal conditions: Weather conditions, such as rainfall, temperature, and sunlight, are critical for cocoa farming. These seasonal variations can significantly impact the yield and supply of cocoa.
- B. the efficacy of fertilizer used: The effectiveness of fertilizers directly affects the growth and yield of cocoa trees, influencing the supply.
- C. the demand for beverages: While the demand for beverages influences the demand for cocoa (a raw material), it does not directly influence the supply of cocoa.
- D. the availability of close substitutes: This relates more to the demand side; it may influence the demand for cocoa, but not its supply.
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