O-LevelEconomicsThe allocation of resources2281/11 · May/June 2016 · Q41 Mark

A government taxes the production of cars. What is likely to decrease?

Athe cost of supplying cars

Bthe price of cars

Cthe revenue for the government

Dthe supply of cars at every price

✓ Correct answer

D: the supply of cars at every price

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 2016 Paper 1 Variant 1, question 4.

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