QUESTION 2 (a) Draw a basic demand and supply graph. (4) (b) On the graph you drew in (a) above illustrate what would ha
Posted: Wed Jul 06, 2022 6:34 pm
QUESTION 2
(a) Draw a basic demand and supply graph. (4)
(b) On the graph you drew in (a) above illustrate what would happenif there was an increase in demand for ice-cream. (3)
(c) Illustrate what would happen if there was an increase in theprice of labour as a factor of production for the manufacturing ofice-creams. (3)
(a) Draw a basic demand and supply graph. (4)
(b) On the graph you drew in (a) above illustrate what would happenif there was an increase in demand for ice-cream. (3)
(c) Illustrate what would happen if there was an increase in theprice of labour as a factor of production for the manufacturing ofice-creams. (3)