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Economics (AS & A Level) · Feb / March 2021 · Paper 12 · Question 11

9708Demand and supply curves

The diagrams show the initial demand curve D1 and supply curve S1 for steel in the European Union (EU). In 2018 European steel firms experienced rising energy prices. Which diagram shows the likely impact of this?

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

As printed in the paper

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Correct answer: D. Diagram D

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