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A-LevelEconomicsGovernment microeconomic intervention9708/12 · May/June 2019 · Q131 Mark

Which combination of events is most likely to leave the demand curve for a normal good in the same position?

Adecrease in consumer incomes and an increase in the price of a substitute good
Bdecrease in consumer incomes and an increase in the price of the good
Can increase in consumer incomes and an increase in the price of a substitute good
Dan increase in consumer incomes and an increase in the price of the good

✓ Correct answer

A: decrease in consumer incomes and an increase in the price of a substitute good

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About this question

Topic
Government microeconomic intervention, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source
A-Level Economics, May/June 2019 Paper 1 Variant 2, question 13.

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