A-LevelEconomicsElasticityMay/June 2018Paper 1 Q71 Mark
The cross-elasticity of demand between two goods will be higher
Athe greater the difference in price between the two goods.
Bthe greater the income elasticities of demand for the two goods.
Cthe greater the price elasticities of demand for the two goods.
Dthe more they are regarded as similar by consumers.
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of elasticity 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...
🔒
Unlock the Examiner's Answer
Sign up for free to reveal the correct answer, the official mark scheme breakdown, and the examiner trap analysis for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep