Blank pages are indicated. © UCLES 2017. [Turn over. Cambridge IGCSE. ®. ECONOMICS. 0455/02. Paper 2 Structured Questions Demand exceeding supply/shortages ...
This document consists of 26 printed pages. © UCLES 2021. [Turn over. Cambridge IGCSE™. ECONOMICS. 0455/
key allocation questions. 2.3 Demand. Topic. 2.3.1 disequilibrium prices and shortages (demand exceeding supply) and surpluses (supply exceeding demand).
(c) Analyse how advances in technology can affect demand and supply. [6]. (d) Discuss the economic arguments for and against a government raising the school
® IGCSE is the registered trademark of Cambridge International Examinations. • the price which equates demand and supply (2). • market clearing price (1) ...
Demand and supply diagrams to be used to illustrate these changes in market The question has part questions. Each part question is based on one or more ...
This can result in demand exceeding supply and shortages occurring. At other Answer any three questions. Each question is introduced by stimulus material ...
these key allocation questions. 2.3 Demand. Topic. 2.3.1 disequilibrium prices and shortages (demand exceeding supply) and surpluses (supply exceeding demand) ...
Paper 2 Structured Questions. For examination from 2020. MARK SCHEME. Maximum Demand exceeding supply/shortages occurring (1) price being too low (1) the ...
where the supply and demand for labour are equal. At this wage rate 250
Each question paper and mark scheme will also comply with these marking Demand exceeding supply/shortages occurring (1) price being too low (1) the ...
27-Jan-2012 Economics. Paper 1 ... Some questions must be answered with a cross in a box . ... 1 The figure below shows the demand and supply for laptop ...
Note: the demands of the question do not require students to draw a demand and supply diagram although if students choose to do so they should be credited
The fundamental principles of resource allocation are considered through the price mechanism in a market economy. The market forces of demand and supply market
Cambridge IGCSE Economics 0455 syllabus for 2023 2024 and 2025. The market forces of demand and supply
Mark schemes should be read in conjunction with the question paper and the Note: award 2 marks if they show a correct diagram showing demand = supply.
2. PMT. Page 3. 0455/22. Cambridge IGCSE – Mark Scheme. PUBLISHED. March 2017. © UCLES 2017. Page 3 of 17. Question. Answer. Marks. Guidance. 1(d). Analyse why
6. Page 9. 0455/21. Cambridge IGCSE – Mark Scheme. PUBLISHED. May/June 2018. © UCLES 2018. Page 9 of 17. Question. Answer. Marks. Guidance. 3(d). Discuss
IGCSE. Economics. Paper 2H. Higher Tier. Monday 7 June 2010 – Morning Question 1. Figure 1a shows the demand and supply of cigarettes.
There are thirty questions on this paper. Answer all questions. ?. For each question there are four possible answers A B