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A-LevelEconomicsMicroeconomics: Price SystemMay/June 2023Paper 1 Q91 Mark

A change in the price of a good causes an increase in the quantity of the good demanded. What would be the nature of the good and the direction of price change for this to be certain to happen? [Table 9.1]

Anature of good: inferior, price change: fall
Bnature of good: inferior, price change: rise
Cnature of good: normal, price change: fall
Dnature of good: normal, price change: rise

✓ Correct Answer

The correct answer is C: nature of good: normal, price change: fall

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Microeconomics: Price System in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2023 examination, Paper 1 Variant 2.

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