Unit 2: Microeconomics
Topic 2.2: Supply Questions
Practice 20 exam-style questions for IB Economics Topic 2.2. Review the question stems below, then unlock the full Question Bank to access markschemes, model answers, and AI grading.
21 mark
A movement along the supply curve is caused by:
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The supply curve slopes upward from left to right because:
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An increase in the cost of raw materials will:
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A drought destroys a large proportion of the wheat harvest. In the wheat market, this would cause:
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An improvement in production technology will:
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A government subsidy given to producers will:
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An increase in the cost of raw materials will:
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A government subsidy given to producers will:
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The supply curve slopes upward from left to right because:
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A leftward shift of the supply curve indicates:
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A movement along the supply curve is caused by:
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If the market price of a good rises from $10 to $15 and firms respond by increasing output, this represents:
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An improvement in production technology will:
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A leftward shift of the supply curve indicates:
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