Table 1 shows one firm's weekly supply of handmade lamps.
| Price per lamp (£) | Quantity supplied per week |
|---|---|
| 20 | 15 |
| 25 | 30 |
| 30 | 45 |
| 35 | 60 |
Using Table 1, which pair of points should be joined to begin drawing the firm's supply curve?
£20 with 15 lamps and £35 with 60 lamps
£20 with 60 lamps and £35 with 15 lamps
£25 with 45 lamps and £30 with 30 lamps
£30 with 15 lamps and £35 with 30 lamps
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.