Economics 9708 · AS & A Level · 7.5

7.5 — practice question

The diagram indicates that a producer raises output from Q1 to Q2. What outcome will follow?

  • Atotal profit: increased; total revenue: increased
  • Btotal profit: increased; total revenue: reduced
  • Ctotal profit: reduced; total revenue: increased
  • Dtotal profit: reduced; total revenue: reduced

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI