O-LevelEconomicsThe allocation of resources2281/12 · Oct/Nov 2022 · Q61 Mark

The diagrams show changes in market conditions. [Figure 6.1] Which diagram shows a shortage at price P?

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.

A[Diagram option A]

B[Diagram option B]

C[Diagram option C]

D[Diagram option D]

✓ Correct answer

A: [Diagram option A]

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2022 Paper 1 Variant 2, question 6.

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