Draw diagrams to illustrate an increase and a decrease in the supply of cocoa beans, explaining the reasons for each shift.

TASK 3b: Draw Two Simple Diagrams (4 marks) Diagram 1: Increase in Supply Draw a graph with the vertical axis labeled "Price" and the horizontal axis labeled "Quantity". Draw an upward-sloping curve labeled S_1 (Original Supply Curve). Draw a second upward-sloping curve to the right* of S_1, labeled S_2 (New Supply Curve). This shift indicates that at every price, a greater quantity of cocoa beans is supplied. Write: "Supply Increased". Reason: A decrease in the cost of production* (e.g., lower fertilizer prices) makes it more profitable to produce cocoa beans, leading farmers to supply more. Diagram 2: Decrease in Supply Draw a graph with the vertical axis labeled "Price" and the horizontal axis labeled "Quantity". Draw an upward-sloping curve labeled S_1 (Original Supply Curve). Draw a second upward-sloping curve to the left* of S_1, labeled S_2 (New Supply Curve). This shift indicates that at every price, a smaller quantity of cocoa beans is supplied. Write: "Supply Decreased". Reason: An increase in the cost of production* (e.g., higher labor wages) makes it less profitable to produce cocoa beans, leading farmers to supply less. 3 done, 2 left today. You're making progress.