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2.2 Demand

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Question 5

For a museum, audio-guide hire is a complementary service to admission. After the admission price rises, what is most likely to happen in the market for audio-guide hire?

[1]
A

More audio guides are demanded at every hire price

B

Demand for audio-guide hire is unchanged at every hire price

C

Fewer audio guides are demanded at every hire price

D

Demand for audio-guide hire becomes more price elastic

Markscheme

2.2 Demand Questions

  1. GCSE
  2. /Economics
  3. /2.2 Demand

82 exam-style questions on OCR GCSE Economics 2.2 Demand, covering 2.2.1 What is demand, 2.2.2 Draw a demand curve using data, 2.2.3 Explain a demand curve, 2.2.4 Shifts and movements of the demand curve, 2.2.5 Causes and consequences of demand changes, 2.2.6 Price elasticity of demand, 2.2.7 Draw demand curves of different elasticity, and 2.2.8 Importance of price elasticity of demand. Each one has a worked solution and a mark scheme showing where the marks go.

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