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Economics (AS & A Level) · Oct / Nov 2021 · Paper 13 · Question 8

9708Demand and supply curves

The diagram shows a shift in the supply curve for a product from S1 to S2. What could cause this shift in the supply curve?

  1. Aan increase in the cost of producing the product
  2. Ban increase in the income of consumers of the product
  3. Can increase in the demand for a product that is jointly supplied
  4. Dan increase in the price of the product

As printed in the paper

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Correct answer: C. an increase in the demand for a product that is jointly supplied

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