Economics 9708 · AS & A Level · Cross elasticity of demand

Cross elasticity of demand — practice question

What might lead to a rise in consumer surplus in the market for a good?

Aan increase in demand for the good: no; an increase in supply of the good: no
Ban increase in demand for the good: no; an increase in supply of the good: yes
Can increase in demand for the good: yes; an increase in supply of the good: no
Dan increase in demand for the good: yes; an increase in supply of the good: yes

Worked solution & mark scheme

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