Note AcademyNote Academy

Economics · Oct / Nov 2022 · Paper 12 · Question 6

2281Price determination

The diagrams show changes in market conditions. Which diagram shows a shortage at price P?

  1. ADiagram A
  2. BDiagram B
  3. CDiagram C
  4. DDiagram D

As printed in the paper

Show the answer

Correct answer: A. Diagram A

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.