A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2022 · Q61 Mark
The diagram shows supply and demand for a good. If price increases from P₁ to P₂, what will happen to consumer surplus?
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.
AIt falls from ABE to A.
BIt falls from CDFG to BCD.
CIt increases from CF to BCEF.
DIt increases from CF to BCEFH.
✓ Correct answer
A: It falls from ABE to A.
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