9708/12 Economics May Jun 2018 Online Test | Cambridge AS and A Level MCQ
CIE
AS & A Level
Economics (9708)
شهریور
2018
مشاهده نمونه سوال
شامل مباحث:
UNIT 1: Basic economic ideas and resource allocation
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه

پیش نمایش صفحه اول فایل
The diagram shows the market for spectacles. Initially the market equilibrium price is PO and quantity ${Q_3}$ is bought and sold.
The government then sets both a maximum price of ${P_X}$ and a minimum price of ${P_M}$.
What effect will these measures have on the market for spectacles?