O-LevelEconomicsMicroeconomic decision makers2281/11 · May/June 2018 · Q91 Mark

What is likely to lead to an increase in the wages of university lecturers?

Aan increase in the fringe benefits provided to university lecturers

Ban increase in the tuition fees paid by university students

Cgovernment policies reducing the length of the training for university lecturers

Dincreased demand from students to study at university

✓ Correct answer

D: increased demand from students to study at university

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Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2018 Paper 1 Variant 1, question 9.

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