A-LevelEconomicsThe price system and the microeconomy9708/12 · Feb/Mar 2017 · Q131 Mark

A well-known clothes retailer decides to have a summer sale in its shops. As a result the number of people who use the shops increases. [Diagram] Which areas measure the change in consumer surplus for the customers who would have bought the clothes anyway and the surplus for the new customers?

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AJ+K L

BJ+K+M L+N

CK L

DM N

✓ Correct answer

C: K L

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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 2017 Paper 1 Variant 2, question 13.

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A well-known clothes retailer decides to have a summer sale in its shops. As a result the number of people who use the shops increases. [Diagram] Which areas measure the change in consumer surplus for the customers who would have bought the clothes anyway and the surplus for the new customers?

✓ Correct answer

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