Subsection 2.5. Price determination for Economics, IGCSE - revisedeck

2.5. Price determination

A subsection of Economics, 0455, through 2. The allocation of resources

Listing 8 of 8 questions

The table shows the demand and supply schedules for eggs. price $ number of eggs demanded per week number of eggs supplied per week 0.20 0.30 0.40 0.50 What will be the equilibrium price of eggs?

0455_m15_qp_12

MCQ

2015

Paper 1, Variant 2

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The diagram shows market demand and supply curves. O P2 price quantity S1 D1 P1 P3 Q3 Q4 Q5 Q1 Q2 To what extent is the market in disequilibrium at price P3?

0455_s20_qp_11

MCQ

2020

Paper 1, Variant 1

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The table shows demand and supply schedules for a commodity. price ($ per tonne) quantity demanded (tonnes per month) quantity supplied (tonnes per month) What is the equilibrium price?

0455_w07_qp_1

MCQ

2007

Paper 1, Variant 0

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How are economic decisions determined in a pure market system?

0455_w11_qp_11

MCQ

2011

Paper 1, Variant 1

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How are economic decisions determined in a pure market system?

0455_w11_qp_12

MCQ

2011

Paper 1, Variant 2

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How are economic decisions determined in a pure market system?

0455_w11_qp_13

MCQ

2011

Paper 1, Variant 3

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Which statement describes a market in disequilibrium?

0455_s24_qp_12

MCQ

2024

Paper 1, Variant 2

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The table shows the quantity of coffee demanded per day and the quantity supplied per day. price ($) per kilo demand supply 12 At the equilibrium price, what will be the total expenditure on coffee?

0455_w06_qp_1

MCQ

2006

Paper 1, Variant 0

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Questions Discovered

8