A-LevelEconomicsDemand and SupplyFeb/Mar 2019Paper 1 Q81 Mark
The table shows Shanaz's and Sunil's price elasticity of demand for restaurant meals and theatre tickets. There is a rise in the price of restaurant meals and a fall in the price of theatre tickets. What can be concluded after these price changes?
ARestaurant owners will receive more income.
BShanaz will spend more money on both theatre tickets and restaurant meals.
CSunil will spend more money on both theatre tickets and restaurant meals.
DTheatre owners will receive less income.
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of demand and supply within the Economicssyllabus. The examiner's mark scheme requires...
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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...
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