A-LevelEconomicsThe price system and the microeconomy9708/31 · May/June 2020 · Q51 Mark
To analyse a consumer's preferences, an indifference curve represents possible combinations of goods X and Y. The diagram shows a consumer's indifference curve for good X and good Y.
- (a)What can be concluded from the diagram? A Point E is the most desirable combination. B Point F is less desirable than point G. C Point G is the least desirable combination. D Points E, F and G are equally desirable combinations.[1]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Mark scheme
Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.
- [1] D
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