Note AcademyNote Academy

Economics · May / June 2024 · Paper 12 · Question 9

2281Mixed economic system

Which government measure is most likely to cause a fall both in price and in quantity traded?

  1. Aindirect tax
  2. Bmaximum price
  3. Cminimum price
  4. Dsubsidy

As printed in the paper

Show the answer

Correct answer: B. maximum price

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