A-LevelEconomicsGovernment microeconomic intervention9708/12 · May/June 2019 · Q51 Mark
The diagram shows the supply of limestone from quarry X and quarry Y at two prices. What is the measure of the responsiveness of supply as the price increases from P₁ to P2?
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
ASx: 0, Sy: >1
BSx: <1, Sy: 1
CSx: 1, Sy: <1
DSx: >1, Sy: 0
✓ Correct answer
A: Sx: 0, Sy: >1
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