IB Economics HL 2.7.2 Main forms of intervention Question Bank
Practise IB Economics SL/HL 2.7.2 by applying main forms of intervention concepts to exam-style questions.
- Syllabus
- First assessment 2022
- Course
- Economics HL
- Level
- HL
Practise IB Economics SL/HL 2.7.2 by applying main forms of intervention concepts to exam-style questions.
Draw and label on Figure 1 a curve that illustrates the price floor in Nissos that leads to a monthly surplus of 3 million kg of corn.
The monthly corn surplus created must be purchased by the government of Nissos.
Award [1] for a horizontal line above the equilibrium price.

Award [1] for the line being drawn at $10.
If the line is not labelled a maximum of [1] may be awarded.
OFR applies.