IB Economics SL 2.1 Demand Questions

Explain how demand changes, draw the correct demand diagram and connect shifts to prices, quantities and economic decisions.

Syllabus
First assessment 2022
Course
Economics SL
Level
SL

Exam points

  • Use a demand curve to explain price, quantity demanded and movements caused by a price change.
  • Explain demand shifts from income, tastes, expectations, consumers, substitutes or complements.
  • Distinguish individual from market demand and support the explanation with a labelled diagram.

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