O-LevelEconomicsThe allocation of resources2281/11 · May/June 2025 · Q51 Mark

Good weather results in an increase in the demand for and supply of peaches. How will this affect the price and quantity traded in the market for peaches?

Aprice of peaches: fall, quantity of peaches traded: fall

Bprice of peaches: rise, quantity of peaches traded: rise

Cprice of peaches: rise, quantity of peaches traded: uncertain

Dprice of peaches: uncertain, quantity of peaches traded: rise

✓ Correct answer

D: price of peaches: uncertain, quantity of peaches traded: rise

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2025 Paper 1 Variant 1, question 5.

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