A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2022 · Q71 Mark

Demand curves are drawn ceteris paribus. Which 'other things' are not required to remain the same when an individual's demand curve for ice cream is constructed?

Athe consumer's income

Bthe consumer's tastes and preferences

Cthe price of fresh fruit

Dthe price of ice cream

✓ Correct answer

D: the price of ice cream

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2022 Paper 1 Variant 2, question 7.

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