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A-LevelEconomicsMicroeconomics: Price Elasticity of SupplyMay/June 2020Paper 2 Q320 Marks

In summer 2018, many countries suffered a water shortage because of a long spell of very dry weather.

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The correct answer is . This question tests the candidate's understanding of microeconomics: price elasticity of supply within the Economicssyllabus. The examiner's mark scheme requires...

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Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) May/June 2020 examination, Paper 2 Variant 2. It tests the topic of Microeconomics: Price Elasticity of Supply and is worth 20 marks.

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