A-LevelEconomicsConsumer Behaviour and Utility TheoryMay/June 2019Paper 3 Q61 Mark
A consumer spends all of their income on two goods, Y and X, and is at position E. The price of X falls and the price of Y remains constant. The graph shows indifference curves and budget lines which are used to determine the price, income and substitution effects that are related to this price change.
📋 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...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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