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Demand

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Question 23

Which of the following market relationships is the best example of derived demand?

A

The demand for raw lithium ore driven by an increase in consumer purchases of electric vehicles.

B

The demand for crude oil, which can be refined into petroleum, plastics, asphalt, or synthetic fibres.

C

The demand for smartphones and mobile data subscription plans.

D

The demand for oat milk increasing as the price of dairy milk rises.

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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