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Which factor is most likely to be the cause for a rise in the price of cocoa?

The price of oil rises on world markets. This is most likely to be because

Supply & Demand Questions

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GCSE Business Edexcel unit 1.5

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Answers

1
The price of oil rises on world markets. This is most likely to be because
the supply of oil has risen
the supply of oil has risen faster than the demand for oil
the demand for oil has fallen
the demand for oil has risen faster than the supply of oil
2
Which factor is most likely to be the cause for a rise in the price of cocoa?
poor weather leading to a poor harvest of cocoa
greater supply of cocoa by producers
increased profits made by cocoa producers
lower demand for cocoa from chocolate producers
3
Which of the following are examples of commodities which might be used by a bakery
Rent of premises
Electricity used by ovens
Sugar used to produce cakes
Wages paid to workers
4
Gold is a commodity. Which of the following would increase the price of gold?
Strikes by workers in gold mines
Falling income of consumers
Improved gold mining technology
Increased costs of gold mining
5
Good weather increases the wheat harvest. Which of the following is the most likely effect?
The price of products made from wheat will increase
The demand for wheat will fall
The cost of wheat will rise
The price of wheat will fall