CAIE IGCSE Economics 2.2.1 Individual and Market Demand Questions
Practise Cambridge IGCSE Economics by defining demand, analysing its determinants and interpreting market demand curves.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- Define demand and interpret a single downward-sloping demand curve.
- Identify the factors that determine a consumer’s demand for a product.
- Construct or interpret a market demand curve by summing individual demands.
CAIE IGCSE Economics 2.2.1 Individual and Market Demand Questions question 1
The diagram shows the demand curve for a good.
What can be concluded about a single downward-sloping demand curve?
A
consumers increase demand when their incomes rise
B
consumers plan to buy less when prices rise
C
firms produce less as prices rise
D
firms sell more when prices rise
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