A-LevelEconomicsThe Price System and the MicroeconomyMay/June 2021Paper 1 Q101 Mark
Goods X and Y are complements. What will be the effect on the equilibrium price and quantity of good X of an increase in the supply of good Y?
Adecrease ; decrease
Bdecrease ; increase
Cincrease ; decrease
Dincrease ; increase
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of the price system and the microeconomy within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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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