O-LevelEconomicsThe allocation of resources2281/11 · May/June 2023 · Q91 Mark

What would bring about a movement upwards along the supply curve for rice?

Adecrease in the productivity of farmworkers

Bdecrease in the profitability of rice production

Can increase in consumers' incomes

Dan increase in farmworkers' wages

✓ Correct answer

C: an increase in consumers' incomes

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2023 Paper 1 Variant 1, question 9.

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