A-LevelEconomicsSupply and DemandOct/Nov 2021Paper 1 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?
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
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The correct answer is A. This question tests the candidate's understanding of supply and demand within the Economicssyllabus. The examiner's mark scheme requires...
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