On his way home, he passed a shop where he saw the latest smartwatch, which has become very popular in the market. Although there was nothing wrong with his present smartwatch, he decided to buy this hugely popular smartwatch.

1. State the sentence in the article above that relates to the law of demand. Explain your answer with the support of appropriate graph(s). 2 Marks

This time, due to a rise in price, he is going to go to his favourite fruit store to purchase 1 kilos of Granny Smith apples.

1. State the sentence in the article above that relates to the concept of a change in demand. Explain your answer with the support of appropriate graph(s). 2 Marks

2. Reflect on an occasion where your behaviour reflected each of the concept highlighted in question 2a and 2b. 1 mark