A-LevelEconomicsThe price system and the microeconomy9708/32 · May/June 2018 · Q161 Mark

In the diagram D₁ and S are the initial demand and supply curves for building workers. [Figure 16.1] If the demand for building workers increases to D2 by how much does the economic rent earned by building workers rise? A RUZ B TUZX C VXZW D XYZ

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Marking points from the official mark scheme (May/June 2018). 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, May/June 2018 Paper 3 Variant 2, question 16.

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