A-LevelEconomicsGovernment Intervention / Price ControlsOct/Nov 2021Paper 1 Q171 Mark

The diagram shows a firm's supply of and demand for apples. If a minimum price is increased from P₁ to P2 what will happen to the amount of apples sold?

Q: What is the correct answer to this A-Level Economics question?

The correct answer is A: It will decrease from Q₁ to Q2..

Q: What topic does this question test?

This question tests Government Intervention / Price Controls in A-Level Economics (syllabus code 9708). It is worth 1 mark.

AIt will decrease from Q₁ to Q2.

BIt will decrease from Q4Q1 to Q2Q3.

CIt will increase from Q3 to Q4.

DIt will increase from Q3Q2 to Q4Q1.

✓ Correct Answer

The correct answer is A: It will decrease from Q₁ to Q2.

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Government Intervention / Price Controls in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2021 examination, Paper 1 Variant 2.

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