O-LevelEconomicsThe allocation of resources2281/13 · Oct/Nov 2025 · Q61 Mark

The table shows the market schedule for good X. If the quantity supplied increases by 50% at each price, what will the equilibrium price and quantity be?

Aprice 10 quantity 100

Bprice 9 quantity 200

Cprice 8 quantity 300

Dprice 7 quantity 400

✓ Correct answer

C: price 8 quantity 300

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2025 Paper 1 Variant 3, question 6.

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