Coffee Wars: Should You Drink Instant or Whole Bean?Almost 50% of the world's population prefers instant coffee to fresh, according to a 2014 Euromonitor report - and our love for soluble coffee is only growing.In fact, between 2000 and 2014, sales of instant tripled.

(Taken fromhttps://perfectdailygrind.com/2018/01/coffee-wars-should-you-drink-instant-or-whole-bean/)

a) Draw a diagram of instant coffee market which shows demand curve, supply curve, and changes in demand between 2000 and 2014.Label the diagram accordingly.(4 marks)

b) Explain the most relevant factor influencing the change in demand for instant coffee.(4 marks)

c) What is your preference for, either instant coffee or fresh?Explain your answer.(3 marks)