List andexplain the three fundamental questions in economics. List and BRIEFLY describe the different factors that can lead to an increase in market demand .Suppose Canada produces only paper and wine and is currently using all available resources to produce both. Now, suppose a new fermentation method is discovered that allows us to produce wine twice as fast.If Canada wants to continue producing as many products as it can and does not want to reduce production of either wine or paper, what are the possible ways in which Canada could change its level of paper and wine production? Why? [4 marks] Explain why the demand curve is downward-sloping