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A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2019 · Q151 Mark

The diagram shows the demand and supply of rice. Supply increases from S₁ to S2. What is the change in sales revenue received by the rice farmer?

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.

A24 cents
B60 cents
C600 cents
D700 cents

✓ Correct answer

A: 24 cents

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Feb/Mar 2019 Paper 1 Variant 2, question 15.

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