At £10, Consumer A demands 2 units and Consumer B demands 3 units. At £8, they demand 4 and 5 units respectively. If only the price changes, what happens to market demand?
The market demand curve shifts right by 4 units
There is a movement down the market demand curve from 5 units to 9 units
There is a movement up the market demand curve from 5 units to 9 units
The market demand curve shifts left because the market price falls
41 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.