A-LevelEconomicsThe Market System and Market FailureMay/June 2019Paper 1 Q101 Mark
The diagram shows the relationship between price (P) and demand (D) for a normal good G. What would cause a shift to D₁?
Adecrease in the price of a substitute good
Bfall in the level of advertising for the good G
Crise in the price of good G
Dan increase in the incomes of consumers
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of the market system and market failure 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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