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2 questions on The Determinants of the Supply of Goods and Services (AQA specification 1.3.3) from the A-Level Economics papers, 2024–2025. Every question links to the official mark scheme at the page its answer begins on.
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Explain how the data in Extract A (Figure 1 and Figure 2) show that the rice export ban by India in 2022 is likely to have had a significant impact on the world price of rice.
1.3.5 Equilibrium Market Prices · 1.3.3 Determinants of Supply
Explain how the data in Extract A (Figure 1 and Table 1) show that the supply of university and private rental accommodation has failed to match the increase in student numbers between 2015 and 2021.
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