Cambridge IGCSE Economics practice
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At a glance
MCQ
Type
cambridge_mcq
Style
Topic
Price changes
Exam-style question
What typically happens to prices when demand increases and supply remains constant?.
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Flashcard 1 of 6
Question 1 of 5
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Description
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.
State one factor that has increased the demand for electric cars.
Aim for approximately 1 distinct marking point.