A-LevelEconomicsGovernment InterventionOct/Nov 2018Paper 1 Q161 Mark

In 2014 Egypt reduced subsidies on fossil fuels such as gasoline and diesel. The diagram shows the initial equilibrium at point X. [Diagram] What will be the new equilibrium after the reduction of subsidies?

Q: What is the correct answer to this A-Level Economics question?

The correct answer is B: Point B.

Q: What topic does this question test?

This question tests Government Intervention in A-Level Economics (syllabus code 9708). It is worth 1 mark.

APoint A

BPoint B

CPoint C

DPoint D

✓ Correct Answer

The correct answer is B: Point B

📋 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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About This A-Level Economics Question

Topic

This multiple-choice question tests Government Intervention in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2018 examination, Paper 1 Variant 2.

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