1.2 Around 60 percent of the global production of hazelnuts comes from Turkey. A frost night along the Black Sea coast late spring did serious damage to the harvest. Many of the purchasers of hazelnuts are firms who use them as inputs in candy bars or spreads such as Nutella who have limited ability to substitute hazelnuts for other inputs. What does the limited ability to substitute imply for the slope of the demand curve for hazelnuts? What does this in turn imply for the price response to the bad harvest