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A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2020 · Q51 Mark

On a diagram the slope of a consumer's budget line becomes steeper. What can definitely be concluded from this? A The consumer's income has fallen. B The consumer's income has risen. C The price has decreased for the product on the horizontal axis. D The price has increased for the product on the horizontal axis.

  1. (a)On a diagram the slope of a consumer's budget line becomes steeper. What can definitely be concluded from this? A The consumer's income has fallen. B The consumer's income has risen. C The price has decreased for the product on the horizontal axis. D The price has increased for the product on the horizontal axis.[1]

Mark scheme

Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.

  1. [1] D

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source
A-Level Economics, May/June 2020 Paper 3 Variant 2, question 5.

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