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Cambridge (CAIE) · IGCSE

Economics (9-1) question 24

0987/11 · May/June 2022 · Multiple Choice

Syllabus topics
  • Mixed economic system
  • Supply
  • Price elasticity of supply (PES)
  • The role of markets in allocating resources
  • Price changes
  • Demand
  • Market failure
  • Price determination
  • Price elasticity of demand (PED)

Question 24

0987/11 · May/June 2022

1 mark
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