(a)[2]
Why is the demand for OTR tyres said to be a derived demand?
(b)[4]
Explain why the supply of OTR tyres was highly inelastic in 2006.
(c)[5]
Analyse, with a demand and supply diagram, the change in the market for OTR tyres during 2006.
(d)[3]
How could a shortage of OTR tyres affect the productivity of mining companies?
(e)[6]
Discuss whether the shortage of OTR tyres required government intervention.