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3 marksMarket Equilibrium

CAPE Economics Unit 1 · 2010 · Paper 2 · Question 2(b)(i)

Identify THREE factors, other than the price of beef, that influence the demand for beef.

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Other parts of this question

  1. 2(a)(i)Define the term 'demand'.[2 marks]
  2. 2(a)(ii)Explain the 'law of demand'.[4 marks]
  3. 2(a)(iii)Explain how a 'change in demand' differs from a 'change in the quantity demanded'.[4 marks]
  4. 2(b)(ii)Discuss why EACH factor identified in 2(b)(i) influences the demand for beef.[12 marks]

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