O-LevelEconomicsThe allocation of resources2281/11 · May/June 2014 · Q51 Mark

What would cause a movement down the demand curve for cars?

Afall in the price of cars

Bfall in the price of petrol

Crise in the price of car insurance

Drise in the price of public transport

✓ Correct answer

A: fall in the price of cars

Oracle Prep sorts past-paper questions by topic, so you can drill The allocation of resources and see which topics are most likely to come up next.

Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2014 Paper 1 Variant 1, question 5.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content