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2.3 Supply

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Question 5

Several producers supply ceramic mugs made in kilns.

Which change is most likely to result in producers offering more ceramic mugs at every price?

[1]
A

A reduction in energy costs for firing the kilns

B

Floods that damage the kilns of several producers

C

A rise in the wages paid to kiln workers

D

The withdrawal of a subsidy paid to mug producers

Markscheme

2.3 Supply Questions

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

81 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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