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

Income elasticity of demand — practice question

In which market would equilibrium not be reached at point E if price were above Op?

  • A[IMAGE:9708_m16_qp_12_p5_diagram_5]
  • B[IMAGE:9708_m16_qp_12_p5_diagram_4]
  • C[IMAGE:9708_m16_qp_12_p5_diagram_3]
  • D[IMAGE:9708_m16_qp_12_p5_diagram_2]

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