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A-Level Economics · Supply & demand diagram question

The price is fixed at £8. Which point shows the quantity DEMANDED?

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The diagram

The answer

Point G. At £8, read ACROSS to the demand curve, then down: consumers only want 2. Quantity demanded lives on the DEMAND curve: across from £8 to point G, then down — 2 units.

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This is one of 3 questions on the supply & demand diagram — every corner lettered, every wrong answer diagnosed.

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