Economics · May / June 2026 · Paper 11 · Question 5
2281Demand
Good X is demanded in two areas, Y and Z. The table shows the amount of X demanded in these areas at different prices. [table: price of good X ($) 5, 10, 15, 20, 25; quantity demanded per month area Y 1000, 800, 600, 400, 200; area Z 200, 150, 100, 50, 0] What can be concluded from the table?
- AConsumers in area Y are more willing and able to buy good X than are consumers in area Z.
- BConsumers in area Y are richer than consumers in area Z.
- CConsumers in area Y want the good more than consumers in area Z.
- DThere are more consumers living in area Y than in area Z.
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Correct answer: A. Consumers in area Y are more willing and able to buy good X than are consumers in area Z.
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