O-LevelEconomicsThe allocation of resources2281/11 · May/June 2017 · Q51 Mark

The diagram shows the demand for chocolate. [Diagram] What could cause the movement from point X to point Y?

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.

Achange in tastes

Bfall in the price of chocolate

Can increase in income

Dsuccessful advertising campaign for chocolate

✓ Correct answer

B: fall in the price of chocolate

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2017 Paper 1 Variant 1, question 5.

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