A-LevelEconomicsDemand and SupplyMay/June 2012Paper 1 Q111 Mark
The diagrams show a change in demand from D₁ to D₂ and a change in supply from S₁ to S₂ for four different goods. [Figure 11.1] Which diagram illustrates the good for which additional new uses have been found and which receives an increase in government subsidy?
ADemand increases, supply decreases.
BDemand increases, supply decreases.
CDemand decreases, supply increases.
DDemand increases, supply increases.
✓ Correct Answer
The correct answer is C. This question tests the candidate's understanding of demand and supply within the Economicssyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep