A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2012 · Q171 Mark
In the diagram, D is the demand curve for an agricultural commodity and S₁ is the initial supply curve. [Figure 17.1] A good harvest causes the supply curve to shift to S₂. By how much will the demand curve have to shift to leave farm incomes unchanged?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
A500 tonnes
B1000 tonnes
C2000 tonnes
D4000 tonnes
✓ Correct answer
B: 1000 tonnes
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