AQA GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (8136/1: How Markets Work)
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AQA GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (8136/1: How Markets Work). DOWNLOAD OFFICIAL AND VERIFIED AQA GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 ON www....
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AQA GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (8136/1: How Markets Work). DOWNLOAD OFFICIAL AND VERIFIED AQA GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 ON www.leakedexams.com.


 1 Which of the following best describes the equilibrium price in a market?
[1 mark]
A Where all consumers are satisfied
B Where profit is maximised
C Where quantity supplied equals quantity demanded
D Where quantity supplied exceeds quantity demanded
0 2 Which of the following could lead to a reduction in the quantity supplied of a product?
[1 mark]
A A decrease in demand for the product
B A decrease in the cost of making the product
C An increase in the popularity of the product
D An increase in the price of the product