A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2019 · Q61 Mark
Market demand curves normally slope downwards. They may also shift from D₁ to either D2 or D3. What would cause a movement along D₁ for good X and not a shift to either D2 or D3? [Figure 6]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Aadvertising of good X increases sales
Bconsumer incomes rise
Cprice of good X falls
Dprice of other goods falls
✓ Correct answer
C: price of good X falls
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