A-LevelEconomicsDemand and SupplyFeb/Mar 2021Paper 1 Q111 Mark
The diagrams show the initial demand curve D₁ and supply curve S₁ for steel in the European Union (EU). In 2018 European steel firms experienced rising energy prices. Which diagram shows the likely impact of this?
ADemand curve shifts left (D1 to D2) and supply curve shifts left (S1 to S2)
BDemand curve shifts right (D1 to D2) and supply curve shifts right (S1 to S2)
CSupply curve shifts left (S1 to S2) with demand curve (D1) unchanged
DSupply curve shifts right (S1 to S2) with demand curve (D1) unchanged
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of 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...
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