A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2018 · Q51 Mark

What is treated as a variable in constructing a market demand curve?

Aconsumers' tastes

Bthe distribution of income

Cthe price of related goods

Dthe price of the good

✓ Correct answer

D: the price of the good

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2018 Paper 1 Variant 2, question 5.

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