◈ Oracle PrepSign Up Free
O-LevelEconomicsThe allocation of resources2281/11 · May/June 2012 · Q61 Mark

What is not held constant in constructing a demand schedule?

Athe incomes of consumers
Bthe prices of complementary goods
Cthe price of the good itself
Dthe tastes of consumers

✓ Correct answer

C: the price of the good itself

Practise more questions on this topic

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.

Sign up free →

About this question

Topic
The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2012 Paper 1 Variant 1, question 6.

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

Related Economics questions

The allocation of resourcesMay/June 20111m

If a firm increases its output in the short run, what will happen to its average fixed cost (AFC)?

The allocation of resourcesMay/June 20111m

Cathay Pacific, Hong Kong's largest airline, flies to a number of countries. Shares in the firm are owned by both ind…

The allocation of resourcesMay/June 20121m

What is found in a mixed economy but not a free market economy?

Economic developmentMay/June 20121m

What is usually a characteristic of a developed country?

Economic developmentMay/June 20121m

What is most likely to be found in both developed and developing economies?

International trade and globalisationMay/June 20121m

What is an advantage to a country of free trade?

← Browse all past-paper questions

© 2026 Oracle Prep