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1.2.4 Supply

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Question 3

Madagascar, which produces approximately 80% of the world's vanilla, experienced a series of severe tropical cyclones in 2022 that devastated vanilla orchid vines. As a result, vanilla prices soared to over 600 per kilogram.

Define the term 'supply.'

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Markscheme

1.2.4 Supply Questions

  1. A Level
  2. /Economics
  3. /1.2.4 Supply

13 exam-style questions on Edexcel A A Level Economics 1.2.4 Supply. Each one has a worked solution and a mark scheme showing where the marks go.

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