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

Income elasticity of demand — practice question

The market for onions is in equilibrium. A disease affects the onion crop, and new health benefits of eating onions are discovered. Which combination of changes in demand and supply corresponds to these events?

  • Ademand falls; supply falls
  • Bdemand falls; supply rises
  • Cdemand rises; supply falls
  • Ddemand rises; supply rises

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI