CAIE IGCSE Economics 2.2.2 Movements Along a Demand Curve Questions
Practise Cambridge IGCSE Economics by identifying extensions in demand and distinguishing movements along a demand curve from shifts.
- Syllabus
- 2027–2029
- Course
- Economics 0455
Exam points
- Define an extension in demand as an increase in quantity demanded caused by a lower price.
- Identify an extension in demand as movement down along the same demand curve.
- Distinguish an extension in demand from a shift of the demand curve.
CAIE IGCSE Economics 2.2.2 Movements Along a Demand Curve Questions question 1
[Maximum number: 2]
In 2021, there were extensions and contractions in demand for a number of South African products. In that year, a South African court stopped a multinational company (MNC) exploring for oil along South Africa's coastline. South Africa experienced an increase in output, driven largely by the growth in its tertiary sector. However, its unemployment rate was 35%, a long way from full employment.
Define an extension in demand.
Define an extension in demand.
A movement along a demand curve (1) higher demand (1) caused by a fall (1) in price (1).
2
May be shown by a movement down a demand curve caused by a fall in price.
Not accepting: an increase in demand but accepting: an increase in quantity demanded.
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