O-LevelEconomicsThe allocation of resources2281/13 · Oct/Nov 2023 · Q81 Mark

The diagram shows a demand curve. [Diagram] What does the movement from X to Y show?

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Adecrease in quantity demanded due to an increase in price

Bdecrease in quantity demanded due to changes in the conditions of demand

Can increase in quantity demanded due to changes in the conditions of demand

Dan increase in quantity demanded due to an increase in price

✓ Correct answer

A: decrease in quantity demanded due to an increase in price

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2023 Paper 1 Variant 3, question 8.

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