A-LevelEconomicsThe Price System and the MicroeconomyMay/June 2015Paper 1 Q61 Mark
Assume that Tiger Woods, a famous golfer, announces that his final golf appearance will be at the next US Open Tournament. How might this affect the demand for tickets for the tournament?
AIt will cause a movement downward along the demand curve.
BIt will cause a movement upward along the demand curve.
CIt will cause a shift to the left in the position of the demand curve.
DIt will cause a shift to the right in the position of the demand curve.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of the price system and the microeconomy 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...
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