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2.3 Supply

2.3 Supply

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Question 7

Table 1 shows the weekly market supply of locally produced candles.

Price per candle (£)Quantity supplied per week
4200
6350
8500
10650

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Using Table 1, draw and label the market supply curve for locally produced candles.

[2]
Markscheme

2.3 Supply Questions

  1. GCSE
  2. /Economics
  3. /2.3 Supply

36 exam-style questions on OCR GCSE Economics 2.3 Supply, covering 2.3.1 What is supply, 2.3.2 Draw a supply curve using data, 2.3.3 Explain a supply curve, 2.3.4 Shifts and movements of the supply curve, 2.3.5 Causes and consequences of supply changes, 2.3.6 Price elasticity of supply, 2.3.7 Draw supply curves of different elasticity, and 2.3.8 Importance of price elasticity of supply. Each one has a worked solution and a mark scheme showing where the marks go.

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