A-LevelEconomicsMicroeconomics: Demand and SupplyFeb/Mar 2020Paper 1 Q91 Mark
What must be correct when the free market for a good is in disequilibrium?
AConsumers can buy all of the good that they demand at the market price.
BProducers can sell all of the good that they supply at the market price.
CThe market price of the good will not change.
DThe quantity of the good demanded differs from the quantity supplied.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of microeconomics: demand and supply 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