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CAIE A-Level Economics AS 2.1.1 Effective Demand Questions

Practise distinguishing effective demand from mere desire by checking whether consumers have both the willingness and ability to pay using CAIE Economics AS questions.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • Define effective demand as demand supported by both the willingness and the ability to pay for a product.

CAIE A-Level Economics AS 2.1.1 Effective Demand Questions question 1

[Maximum number: 1]

A change in which factor will be least likely to alter a consumer's ability to pay for a product?

A

a consumer's income

B

a consumer's tastes

C

a change in the price of the product

D

a fall in the tax on goods and services

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