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A-LevelEconomicsSupply and DemandFeb/Mar 2023Paper 1 Q251 Mark

A company produces goods for export only. Which change could cause a rise in the price of its goods while the quantity sold is unchanged?

Aunchanged, fall
Bfall, unchanged
Cfall, fall
Drise, rise

✓ Correct Answer

The correct answer is D. This question tests the candidate's understanding of supply and demand within the Economicssyllabus. The examiner's mark scheme requires...

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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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About This A-Level Economics Question

This multiple-choice question appeared in the Cambridge A-Level Economics (9708) Feb/Mar 2023 examination, Paper 1 Variant 2. It tests the topic of Supply and Demand and is worth 1 mark.

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