Question 16
For a normal good, consumers' incomes rise and then the product's own price rises from P₀ to P₁. Which sequence is shown?
A movement from A to B along D₀, followed by a leftward shift to C.
A leftward shift from D₀ to D₁, followed by a movement down D₁.
A rightward shift from D₀ to D₁, followed by a further rightward shift to C.
A rightward shift from D₀ to D₁ at P₀, followed by a movement up D₁ from B to C.
2.2 Demand Questions
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.