A-LevelEconomicsThe Price System and the MicroeconomyMay/June 2014Paper 1 Q131 Mark

In a market for a good both demand and supply change at the same time. Which combination of changes would enable an economist to predict with confidence that more resources will be needed in its production but not the direction of the associated price change? [Table showing 'demand' and 'supply' changes for options A, B, C, D]

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

The correct answer is D: demand increase, supply increase.

Q: What topic does this question test?

This question tests The Price System and the Microeconomy in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Ademand decrease, supply decrease

Bdemand decrease, supply increase

Cdemand increase, supply decrease

Ddemand increase, supply increase

✓ Correct Answer

The correct answer is D: demand increase, supply increase

📋 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.

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About This A-Level Economics Question

Topic

This multiple-choice question tests The Price System and the Microeconomy in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2014 examination, Paper 1 Variant 2.

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