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Edexcel IGCSE Economics 1.1.3 I Calculating and Drawing Excess Demand and Excess Supply Questions

Practise excess-demand and supply questions by comparing quantities, showing working and drawing the shortage or surplus.

Syllabus
First assessment 2019
Course
Economics 4EC1

Exam points

  • Calculate excess demand or supply by comparing quantity demanded with quantity supplied.
  • Show working from a table or diagram and give the surplus or shortage in correct units.
  • Define excess supply or excess demand using the relationship between demand and supply.

Edexcel IGCSE Economics 1.1.3 I Calculating and Drawing Excess Demand and Excess Supply Questions question 1

[Maximum number: 1]

Define the term excess supply.

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