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Demand

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Question 6

Which of the following changes is most likely to cause the demand curve for residential heat pumps to shift to the left?

A

A substantial rise in the unit price of domestic electricity

B

A significant reduction in the retail market price of residential heat pumps

C

An increase in the government subsidy awarded to domestic insulation installations

D

A nationwide increase in the tariff for mains natural gas

Markscheme

Demand Questions

  1. A Level
  2. /Economics
  3. /Demand

45 exam-style questions on OCR A Level Economics Demand. Each one has a worked solution and a mark scheme showing where the marks go.

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