1.2 How markets work

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Question 16

Explain the likely impact on consumer surplus of an increase in the supply of commercial vertical farming systems. Use a diagram to illustrate your answer.

A supply and demand diagram illustrating an increase in supply and its effect on consumer surplus for commercial vertical farming systems.

[6]

1.2 How markets work

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37

Question 16

Explain the likely impact on consumer surplus of an increase in the supply of commercial vertical farming systems. Use a diagram to illustrate your answer.

A supply and demand diagram illustrating an increase in supply and its effect on consumer surplus for commercial vertical farming systems.

[6]

1.2 How markets work

Question 16

1.2 How markets work Questions

1.2 How markets work

Question 16

1.2 How markets work Questions