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1.1List and briefly explain the four participants who influence the flows of production, income and expenditure. 1.2Draw a graph to show the difference between a
1.1List and briefly explain the four participants who influence the flows of production, income and expenditure.
1.2Draw a graph to show the difference between a change in quantity demanded, and a change in demand for a good. Explain what you have shown in the graph.
1.3Brieflyevaluateanyfivemainfactorsthatcausechangesinsupply.Inyour evaluation, use appropriate examples to clarify your answers.
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