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Economics · May / June 2021 · Paper 12 · Question 7

2281Workers

The diagram shows the market for information technology (IT) graduates. The original equilibrium was X. Later, more IT students graduated from university and greater use of artificial intelligence (AI) increased the demand for IT staff. What is the new equilibrium?

  1. AA
  2. BB
  3. CC
  4. DD

As printed in the paper

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Correct answer: C. C

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