Note AcademyNote Academy

Economics (AS & A Level) · May / June 2025 · Paper 12 · Question 10

9708The interaction of demand and supply

Farmers want to extract wild honey from beehives. They find the beehives by following birds known as honeyguide birds who want the beeswax that is also found in the beehives. What does this suggest?

  1. AFarmers and honeyguide birds are rival consumers.
  2. BWild honey and beeswax are free goods.
  3. CWild honey and beeswax are in joint supply.
  4. DWild honey is the opportunity cost of beeswax.

As printed in the paper

Show the answer

Correct answer: C. Wild honey and beeswax are in joint supply.

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.