Question 1
Which of the following is the most likely cause of a decrease in demand for petrol?
◦ The imposition of road charging in most major cities
◦ An increase in bus fares
◦ A decrease in the price of cars
◦ A decrease in the price of petrol
Question 2
Which of the following is the most likely cause of a decrease in supply of digital cameras?
◦ An increase in the price of a conventional cameras
◦ A decrease in the price of memory cards/sticks
◦ An increase in the costs of producing digital cameras
◦ An increase in the price of conventional camera film