IB skill practice

Analyse demand, supply, and market equilibrium

Economics SL skill with original exam-style diagram and data-response seeds.

Paper 1, Paper 2 5 marks Difficulty 2

Explain excess demand

In a school Economics data-response lesson, the market price is below equilibrium and queues form. Explain the market pressure created by this price. Enter the answer and choose the interpretation that best matches the economic evidence.

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