Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

If a country has a summer that is very wet and cold, how could this affect the price of umbrellas and the price of ice creams?

  • Aprice of umbrellas: decrease; price of ice creams: decrease
  • Bprice of umbrellas: decrease; price of ice creams: increase
  • Cprice of umbrellas: increase; price of ice creams: decrease
  • Dprice of umbrellas: increase; price of ice creams: increase

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