A-LevelEconomicsDemand and SupplyOct/Nov 2010Paper 1 Q101 Mark
Domino Pizza, the largest US pizza chain, said that its profits had been reduced by on ingredients and by a reduction in consumers' disposable income. How would these changes affect the demand and supply curve for its products?
Ademand: move to the left; supply: move to the left
Bdemand: move to the left; supply: move to the right
Cdemand: move to the right; supply: move to the left
Ddemand: move to the right; supply: move to the right
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The correct answer is A. This question tests the candidate's understanding of demand and supply within the Economicssyllabus. The examiner's mark scheme requires...
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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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