Table 1 shows four proposed explanations of changes in a market.
| Row | Event | Proposed effect |
|---|---|---|
| A | The product's price rises | Demand shifts left |
| B | Household incomes rise for a normal good | Demand shifts right |
| C | The price of a complement falls | Demand shifts left |
| D | Advertising is reduced | Movement up the demand curve |
Using Table 1, which row is correct?
Row A
Row B
Row C
Row D
236 exam-style questions on AQA GCSE Economics 1.3 How prices are determined, covering 1.3.1a Demand and the factors that influence it, 1.3.1b The demand curve, 1.3.2a Supply and the factors that influence it, 1.3.2b The supply curve, 1.3.3a Determining equilibrium price, 1.3.3b Applying diagrams and showing revenue, 1.3.4a Complements and substitutes, 1.3.4b Effects of changes on related markets, 1.3.5a Price elasticity of demand, 1.3.5b Factors affecting price elasticity of demand, 1.3.5c Measuring PED and its implications, 1.3.6a Price elasticity of supply, 1.3.6b Factors affecting price elasticity of supply, and 1.3.6c Measuring PES and its implications. Each one has a worked solution and a mark scheme showing where the marks go.