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A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2023 · Q131 Mark

What would cause a market disequilibrium?

Awhen a decrease in the demand for a product leads to a price fall that results in some producers leaving the market
Bwhen a decrease in the demand for a product leads to some producers being unable to sell products at the current price
Cwhen a decrease in the supply of a product leads to a price rise that results in the market for the product clearing
Dwhen a decrease in the supply of a product leads to a price rise that makes it too expensive for some poorer households

✓ Correct answer

B: when a decrease in the demand for a product leads to some producers being unable to sell products at the current price

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2023 Paper 1 Variant 2, question 13.

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