Quelpr
2 marksEconomic Factors of Production

CSEC Agricultural Science · 2010 (second paper) · Paper 2 · Question 7(a)

Refer to Figure 2 (Demand graph) and Figure 3 (Supply graph) for tomatoes.

Using price and quantity, explain what is happening at point B of Figure 2.

This question uses a figure or table from the paper — you'll see it when you practise.

The mark scheme is shown once you've answered.

Practise this question

Other parts of this question

  1. 7(b)(i)If the price of tomato increases from 2.00 to 4.00, what will be the quantity demanded?[1 mark]
  2. 7(b)(ii)If the price of tomato increases from 2.00 to 4.00, suggest TWO ways by which the consumer will respond to the increase in price.[2 marks]
  3. 7(b)(iii)If the price of tomato increases from 2.00 to 4.00, how will the farmer MOST likely respond?[1 mark]
  4. 7(b)(iv)If the price of tomato increases from 2.00 to 4.00, what will be the quantity supplied?[1 mark]
  5. 7(c)Suggest TWO measures which Caribbean governments can take to prevent the scarcity of tomato.[2 marks]
  6. 7(d)State the law of diminishing returns, using an example of a crop grown on a farm.[3 marks]

More practice: the rest of this paper · more Economic Factors of Production questions · all CSEC Agricultural Science past papers