A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2017 · Q51 Mark

What would not affect the position of the demand curve for wigs?

Aan increase in incomes

Breduction in the price of hairdressing

Can increase in wigs worn by television celebrities

Dreduction in the price of wigs

✓ Correct answer

D: reduction in the price of wigs

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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 2017 Paper 1 Variant 2, question 5.

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