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Economics (AS & A Level) · Oct / Nov 2025 · Paper 33 · Question 5

9708Different market structures

The diagram shows the effect of a demand curve shift from D1 to D2 for a profit maximising firm. What has happened to the firm's total revenue and the deadweight welfare loss?

  1. Atotal revenue decreases to OGLQ; deadweight welfare loss decreases by KLN
  2. Btotal revenue decreases to OGLQ; deadweight welfare loss increases by KLN
  3. Ctotal revenue increases to OHKQ; deadweight welfare loss decreases by KLN
  4. Dtotal revenue increases to OHKQ; deadweight welfare loss increases by KLN

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Correct answer: D. total revenue increases to OHKQ; deadweight welfare loss increases by KLN

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