O-LevelEconomicsThe allocation of resources2281/11 · May/June 2010 · Q81 Mark

The diagram shows a market for wheat that is in equilibrium. Which area represents the total revenue for wheat farmers? [Figure 8]

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AOTXY

BOVXZ

COVXY

DOWXY

✓ Correct answer

C: OVXY

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2010 Paper 1 Variant 1, question 8.

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