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Demand

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Question 5

Which of the following combinations of a market change and its direct consequence on the demand curve for Good XXX (which is classified as an inferior good) is correct?

A

Cause: The market price of Good XXX falls; Consequence: The demand curve for Good XXX shifts to the right

B

Cause: Average consumer real income rises; Consequence: The demand curve for Good XXX shifts to the right

C

Cause: The price of a complementary good to Good XXX rises; Consequence: There is a movement up along the demand curve for Good XXX

D

Cause: The price of a close substitute for Good XXX falls; Consequence: The demand curve for Good XXX shifts to the left

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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