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

Demand and supply curves — practice question

The demand curve in the diagram illustrates the number of passenger journeys made by train each week on a particular route. At the start, the fare is OP, but it is then cut by PW. Which area represents the amount paid for the extra journeys caused by the lower fare?

  • AVUT
  • BPWTV
  • CVRST
  • DURST

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