As the demand for new houses increases, the demand for plumbers and electricians also increases. What does this statement illustrate?

2281_w14_qp_13

MCQ

2014

Paper 1, Variant 3

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The diagram shows the demand curve for coffee in the US. price quantity O demand for coffee P1 Q1 Q2 P2 Why did the quantity demanded move from Q1 to Q2?

2281_w20_qp_13

MCQ

2020

Paper 1, Variant 3

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The diagrams show the demand curves for the only two buyers in a market. price quantity price quantity O O What will be the shape of the market demand curve for the good?

2281_w22_qp_13

MCQ

2022

Paper 1, Variant 3

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The diagram shows a change in demand for coffee. O quantity of coffee demanded per month price of coffee D1 D2 What would cause the demand for coffee to change from D1 to D2?

2281_w24_qp_12

MCQ

2024

Paper 1, Variant 2

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Due to changes in the costs of production, an industry’s supply curve shifted at various times from S1 to either S2 or S3. S2 D1 S1 S3 D2 w x y O price quantity If a shift in supply was due to a seasonal increase in the cost of raw materials, what would have been the effect on demand?

2281_s11_qp_11

MCQ

2011

Paper 1, Variant 1

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In 2011 the US Government declared that the country must increase the manufacture of fuel from crops such as corn that have previously only been used for food. What is likely to happen in the market for corn?

2281_s14_qp_12

MCQ

2014

Paper 1, Variant 2

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What will cause the demand curve for a good to shift to the right?

2281_s22_qp_12

MCQ

2022

Paper 1, Variant 2

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In the diagram, curves D1 and S1 relate to the demand and supply of the US dollar ($) against the Chinese yuan. O price of $ (in yuan) quantity P1 S1 D1 D2 P2 What is most likely to cause the demand curve for US dollars to shift from D1 to D2?

2281_s24_qp_11

MCQ

2024

Paper 1, Variant 1

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In 2010, floods caused severe damage to wheat production. How would this be shown...

2281_w12_qp_12

MCQ

2012

Paper 1, Variant 2

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In June 2010, a government published a proposal to increase Value Added Tax (Goods and Services Taon some goods from January 2011. Between June 2010 and January 2011 consumers bought more of those goods before the price increase occurred. After January, consumers bought less of the goods. How would the changes be shown...

2281_w12_qp_13

MCQ

2012

Paper 1, Variant 3

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