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

Income elasticity of demand — practice question

In 2016, car drivers purchased more fuel because the price of the oil used to produce it had decreased. Which diagram shows this change in the fuel market?

  • A[IMAGE:9708_w21_qp_12_p5_diagram_3]
  • B[IMAGE:9708_w21_qp_12_p5_diagram_4]
  • C[IMAGE:9708_w21_qp_12_p5_diagram_2]
  • D[IMAGE:9708_w21_qp_12_p5_diagram_1]

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