Question

John was discussing the market for cocoa beans with his friend Kim. John
said, "Ever since Venezuela announced that its cocoa harvest was its lowest
ever in fifteen years, the price of cocoa beans has been rising and rising and
people are buying more and more. I think the demand for cocoa beans must be
upward sloping.' Is John right? Briefly explain why or why not.​

Answer 1

Answer:

i think he is right.[btw i am a 7th grader pls ignore the answer if it wrong]

Explanation:

because cocoa beans is a very essential product for kids and us humans. it is used to make chocolate etc. if the production is low it will ofcourse increase money because they should get the money they worked for right????

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