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

Demand and supply curves — practice question

On the diagram, S1 is the supply curve and D1 indicates the original demand for facemask X. A competing firm manufactures facemask Y, which is a close substitute. What would make the demand curve move to D2?

  • Aa decrease in the costs of the materials to make facemask X
  • Ba decrease in the costs of the materials to make facemask Y
  • Can increase in the price of facemask X
  • Dan increase in the price of facemask Y

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