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A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2023 · Q91 Mark

In 2010, poor harvests reduced fruit crops and furniture producers gave big discounts on furniture products. How might these changes have affected the position of the supply curve for the products?

Ano change shift to the left
Bshift to the left no change
Cshift to the left shift to the left
Dshift to the right no change

✓ Correct answer

B: shift to the left no change

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Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, Oct/Nov 2023 Paper 1 Variant 2, question 9.

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