A-LevelEconomicsThe price system and the microeconomy9708/32 · Feb/Mar 2017 · Q121 Mark

The diagram represents different combinations of good X and good Y. [Figure showing good Y vs good X, with points U, T, V, W] A consumer prefers more units of both goods to fewer units but prefers, as far as possible, not to give up any of good Y to obtain more of good X.

(a)Which combination in the diagram could represent the consumer's order of preference in descending order? A UTVW B UVTW C TUVW D WVUT[1]

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Mark scheme

Marking points from the official mark scheme (Feb/Mar 2017). The mark or mark type is shown in brackets.

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Feb/Mar 2017 Paper 3 Variant 2, question 12.

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