A-LevelEconomicsDemand and SupplyOct/Nov 2019Paper 1 Q121 Mark
The diagram shows the market for a normal good. What is likely to cause both demand and supply curves to shift to the right? [Figure 12]
Afall in the price of the good and a fall in the rate of indirect tax on the good
Brise in the price of a complementary good and an increase in the number of firms in the industry
Crise in the price of a substitute good and a fall in the price of a raw material used in the production of the good
Dan improvement in production techniques and a fall in the incomes of consumers
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of demand and supply within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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