A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2010 · Q131 Mark
In the diagram OS₁ and OS₂ are two straight-line supply curves. [Figure 13.1] As price increases, the elasticity of supply
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.
Adecreases along both OS₁ and OS₂.
Bincreases less rapidly along OS₁ than along OS₂.
Cincreases more rapidly along OS₁ than along OS₂.
Dis constant along both OS₁ and OS₂.
✓ Correct answer
D: is constant along both OS₁ and OS₂.
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