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Cambridge IGCSE Economics practice

Paper 2 structured question: Price changes

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Price changes

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Paper 2Structured Questions3 marks

The price of wheat has fluctuated significantly over the past year.

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Wheat Price Fluctuations

Factors such as weather conditions, global demand, and trade policies have influenced the price of wheat.

  1. a

    Explain two factors that have contributed to the fluctuations in the price of wheat.

    Aim for approximately 3 distinct marking points.

    [3]

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Paper 2 structured question: Price changes

Paper 2Structured Questions1 marks

Description

Market Changes for Electric Cars

The demand for electric cars has increased due to environmental concerns and government incentives. However, production costs have also risen due to supply chain issues.

  1. a

    State one factor that has increased the demand for electric cars.

    Aim for approximately 1 distinct marking point.

    [1]