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HomeCXC CAPE EconomicsDemand, supply and market equilibrium
CXC CAPE · · Economics

Demand, supply and market equilibrium
Practice Questions

40 CXC CAPE Economics questions on Demand, supply and market equilibrium, each with instant feedback and a full examiner-style mark scheme.

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✨ Revision guide includes key terms, worked examples and exam technique for Demand, supply and market equilibrium.

Try 2 sample questions on Demand, supply and market equilibrium

Question 1 · 1 mark · Difficulty 1/3

What causes a movement along a demand curve?

  1. A change in the price of a substitute
  2. A change in consumer tastes
  3. A change in the price of the good itself
  4. A change in consumer income
Show answer & explanation
✓ Answer: CA change in the price of the good itself
Award 1 mark. Everything else shifts the whole curve, and blurring the two produces an answer that cannot be marked.
Question 2 · 1 mark · Difficulty 1/3

What is effective demand?

  1. The quantity buyers are willing and able to purchase at a given price
  2. The quantity buyers would like to have regardless of price
  3. The quantity actually sold in a market last period
  4. The quantity sellers choose to offer for sale
Show answer & explanation
✓ Answer: AThe quantity buyers are willing and able to purchase at a given price
Award 1 mark. Desire without purchasing power is not demand, and the word able is where the mark sits.
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20 questions · 25 min · free

CXC CAPE Economics: Demand, supply and market equilibrium FAQ

Is Kramizo free for CXC CAPE students preparing for Economics?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Demand, supply and market equilibrium practice with other Economics topics or even switch to a totally different CXC CAPE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Demand, supply and market equilibrium questions aligned to the official CXC CAPE Economics syllabus?
Every question is written against the published CXC CAPE Economics specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CXC CAPE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CXC CAPE.
How is Demand, supply and market equilibrium typically tested on CXC CAPE Economics papers?
Demand, supply and market equilibrium appears across multiple question types on real CXC CAPE Economics papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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