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A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2010 · 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

✓ Correct answer

C: decrease by 5000

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About this question

Topic
The price system and the microeconomy, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2010 Paper 1 Variant 2, question 8.

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