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A-LevelEconomicsThe price system and the microeconomy9708/12 · May/June 2013 · Q61 Mark

If the price of maize rises, the quantity of maize demanded should fall. If the demand for maize decreases, the price of maize should rise. What can be said about these two statements? [Table with columns: first statement, second statement]

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Acorrect correct
Bcorrect incorrect
Cincorrect correct
Dincorrect incorrect

✓ Correct answer

B: correct incorrect

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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 2013 Paper 1 Variant 2, question 6.

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