Read the article written by Dave Goodyear “the future of chocolate: why cocoa production is
at risk” published in The Guardian on 13 October 2016. Answer the three questions, which
follow the article using economic models where appropriate.
Follow this framework for each answer:
1. Identify the key issue in the questions provided.
2. Analyse these key issues in the news article, within the context of the concepts discussed
in the lectures and textbook.
3. Use the appropriate economic model to illustrate the key issues graphically.
4. Explain the model and discuss the outcome.
5. Provide the list of references used in answering the questions
