A-LevelEconomicsElasticityMay/June 2013Paper 1 Q81 Mark

A product is an inferior good with no close substitutes. It is also a complement to goo Which product matches the above description? [Table with columns: product, price elasticity of demand, income elasticity of demand, cross elasticity of demand with respect to the price of X]

Q: What is the correct answer to this A-Level Economics question?

The correct answer is D: -0.5 -2 -1.

Q: What topic does this question test?

This question tests Elasticity in A-Level Economics (syllabus code 9708). It is worth 1 mark.

A-2 +2 +1

B-2 +2 -1

C-0.5 -2 +1

D-0.5 -2 -1

✓ Correct Answer

The correct answer is D: -0.5 -2 -1

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

🔒

Unlock the Examiner's Analysis

Join thousands of Cambridge students already using Oracle Prep

About This A-Level Economics Question

Topic

This multiple-choice question tests Elasticity in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2013 examination, Paper 1 Variant 2.

Practice on Oracle Prep

Oracle Prep provides AI-powered practice for all Cambridge O-Level and A-Level subjects. Our platform includes topic predictions with 87.7% accuracy, AI essay grading, and a comprehensive question bank spanning 25 years of past papers across 29 subjects.