A-LevelEconomicsDemand and SupplyMay/June 2017Paper 1 Q91 Mark
A bottle making business announced it had introduced a new production system. As a result the quantity produced per week could be increased or reduced much more easily when the price of bottles changed. What term describes this change?
Aless elastic demand
Bless elastic supply
Cmore elastic demand
Dmore elastic supply
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of demand and supply 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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