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CAIE IGCSE Economics 2.3.2 Movements along a supply curve

Trace a movement between points on one supply curve, connect a higher or lower market price to the quantity supplied and distinguish it from a curve shift.

Syllabus
2027–2029
Course
Economics 0455

Exam points

  • Identify an extension as an upward movement along supply after the market price rises.
  • Identify a contraction as a downward movement along supply after the market price falls.
  • Calculate the change in quantity supplied from two prices in a supply schedule.

2.3.2—Movements along a supply curve question 1

[Maximum number: 1]

The table shows the supply for a product at different prices.

Table for Question 2.3.2—Movements along a supply curve question 1 — CAIE IGCSE Economics

If the price changes from $ 12 to $ 14, what will be the change in supply?

A

Supply will contract by 40 units and there will be a movement down along the supply curve.

B

Supply will contract by 200 units and there will be an inward shift of the supply curve.

C

Supply will extend by 40 units and there will be a movement up along the supply curve.

D

Supply will extend by 200 units and there will be an outward shift of the supply curve.

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