A-LevelEconomicsGovernment microeconomic intervention9708/12 · Feb/Mar 2016 · Q111 Mark
A specific tax is placed upon each bottle of perfume sold. In the diagram, SS is the supply curve before tax, SS₁ is the supply curve after tax.
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.
AORWY
BPQUT
CPRWT
DQRWU
✓ Correct answer
B: PQUT
Practise more questions on this topic
Oracle Prep sorts past-paper questions by topic, so you can drill Government microeconomic intervention and see which topics are most likely to come up next.
Sign up free →