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O-LevelEconomicsThe allocation of resources2281/12 · Oct/Nov 2016 · Q51 Mark

A demand curve shows the relationship between the quantity demanded and

Achange in income
Bconsumer tastes
Cthe supply of the product
Dthe price of the product

✓ Correct answer

D: the price of the product

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About this question

Topic
The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2016 Paper 1 Variant 2, question 5.

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