A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2021 · Q101 Mark
The diagram shows the demand and supply curves for bread in a developed economy. Bread is a substitute for pasta and rice. What would cause the demand curve for bread to shift from D₁ to D2 in a developed economy?
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.
Arise in the price of pasta and rice
Bdecrease in the real income of consumers
Crecession and rising unemployment
Dsubsidy given to producers of pasta and rice
✓ Correct answer
A: rise in the price of pasta and rice
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