A-LevelEconomicsThe Price System and the MicroeconomyOct/Nov 2024Paper 1 Q61 Mark
The graph shows the demand and supply curves for an industry. [Figure 6.1] What would cause a shift in the supply curve from S₁ to S2?
Aan increase in the number of firms in the industry
Ban increase in the number of workers employed
Can increase in the productivity of the workforce
Dan increase in the wage rates paid to workers
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of the price system and the microeconomy within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep