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Application tasks The market for coffee Coffee is a product consumed widely around the world, Demand for coffee is influenced by price and also other factors known as the conditions of demand. 1 Using graph paper, construct a demand curve diagram to show the following information about the world demand for coffee: Price of coffee Quantity of coffee demanded (S per kg) er week (kg) 18 150 000 15 200 000 12 250 000 9 300 000 6 350 000 3 400 000 2 What does your diagram show? Explain to your classmates the relationship between the price of coffee and the quantity of coffee demanded. Scanned with CamScanner

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