The table shows demand and supply schedules for red peppers. The equilibrium price is initially 15 cents per kg. [Table showing price per kg (cents), amount demanded kg (thousands), amount supplied kg (thousands)] The government pays a subsidy of 10 cents per kg to producers. What will be the new equilibrium price charged to consumers?
✓ Correct Answer
The correct answer is B: 10 cents
📋 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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