Economics (AS & A Level) · Oct / Nov 2022 · Paper 13 · Question 14

The diagram shows two demand curves and two supply curves. The initial equilibrium is at H. Which combinations of shifts in the demand and supply curves would result in a change in the equilibrium position from H to K?

1. Aan increase in demand and an increase in supply
2. Ban increase in demand and a decrease in supply
3. Ca decrease in demand and an increase in supply
4. Da decrease in demand and a decrease in supply

As printed in the paper