A-LevelEconomicsThe Price System and the MicroeconomyMay/June 2010Paper 1 Q81 Mark
The table gives information about the market for two models of car. If the prices of the cars remain unchanged, but the price of petrol increases by 100%, what will be the effect on the number of cars sold per week?
Aincrease by 5000
Bno change
Cdecrease by 5000
Ddecrease by 15 000
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The correct answer is C. This question tests the candidate's understanding of the price system and the microeconomy 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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