IBDP Economics SL – Microeconomics- Demand- Paper 1- Exam Style Practice Questions
Microeconomics- Demand-Paper 1
Exam Style Questions..
Subject Guide IBDP Economic IBO
IBDP Economic SL- All Topics
Exam Style Question for Microeconomics- Demand Paper 1
Question
Explain two factors that would lead to an increase in the demand for a product.
▶️Answer/Explanation
Answers may include:
- definition of demand
- diagram to show a supply and demand with a shift of the demand curve to the right
- explanation of how changes to the non-price determinants of demand produce shifts in demand
- examples of specific products, with reference to determinants of demand.