CIE AS Topical Past Paper 2
2.4 The interaction of demand and supply
9708/23/M/J/24
From 2030, most new car production in the United Kingdom (UK) will be of electric cars.
a) Excluding the price of electric cars, explain the determinants of demand for electric cars and consider which of these determinants is likely to be of greatest significance at the present time. [8]
9708/22/M/J/23
a) Explain how equilibrium position is set in the market and which factors are most important to affect it. [8]
9708/22/F/M/23
a) Explain the functions of price in resource allocation and consider the importance of these functions in relation to the potential effectiveness of a market economy. [8]
9708/21/M/J/20
There is increasing concern about the impact of foreign holidays on the environment of the host country.
a) Explain, with the aid of a demand and supply diagram, two factors that might cause an increase in the demand for foreign holidays. [8]
9708/23/O/N/20
a) Using diagrams, explain what might cause a market to be in disequilibrium, and how market forces would lead to equilibrium being restored. [8]
9708/22/F/M/20
a) Explain what determines the change in equilibrium price and equilibrium quantity of a good when there is a rise in incomes in an economy. [8]