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A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2012 · Q101 Mark

The diagram shows the market for computer games. The market starts in equilibrium at X. [Diagram] What will be the new equilibrium if the tax on computer games is increased and incomes fall?

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AA
BB
CC
DD

✓ Correct answer

B: B

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Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2012 Paper 1 Variant 2, question 10.

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