DP Economics Questionbank
2.3.2 Shifts in demand and supply
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[N/A]Directly related questions
- 18M.1.HL.TZ1.1a: With reference to the concept of excess demand, explain how a decrease in supply of a good would...
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19M.2.SL.TZ0.1a.i:
Define the term excess demand indicated in bold in the text (paragraph [3]).
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19M.2.HL.TZ0.1c:
Using a demand and supply diagram, explain how the “imposition of the preliminary tariff” may have affected the market for new homes built in Canada (paragraph [4]).
- 21M.1.SL.TZ1.1a: Explain how the price mechanism reallocates resources when there is a decrease in the supply of a...
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22M.2.HL.TZ0.1b.i:
Sketch a demand and supply diagram to show the effect on revenue earned by Vietnamese farmers with improved access to the Japanese market (Text B, paragraph [1]).
