Economics (AS & A Level) · May / June 2023 · Paper 12 · Question 13
9708The interaction of demand and supply
What would cause a market disequilibrium?
- Awhen a decrease in the demand for a product leads to a price fall that results in some producers leaving the market
- Bwhen a decrease in the demand for a product leads to some producers being unable to sell products at the current price
- Cwhen a decrease in the supply of a product leads to a price rise that results in the market for the product clearing
- Dwhen a decrease in the supply of a product leads to a price rise that makes it too expensive for some poorer households
As printed in the paper
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Correct answer: B. when a decrease in the demand for a product leads to some producers being unable to sell products at the current price
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