A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2018 · Q51 Mark
The diagram shows various combinations of apples and rice which are potentially available to a consumer. If standard indifference curves were added to the diagram they would show that the consumer is indifferent between combination X and combination W. What can be concluded? [Figure 5.1]
- The diagram shows various combinations of apples and rice which are potentially available to a consumer. If standard indifference curves were added to the diagram they would show that the consumer is indifferent between combination X and combination W. What can be concluded? [Figure 5.1] A The consumer is indifferent between combination Y and combination Z. B The consumer is indifferent between combination Z and combination W. C The consumer prefers combination Y to combination X. D The consumer prefers combination Z to combination W.[1]
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Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.
- [1] D
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