Kramizo
Log inSign up free
HomeCXC CSEC EconomicsDemand and Supply
CXC · CSEC · Economics

Demand and Supply
Practice Questions

20 CXC CSEC Economics questions on Demand and Supply, each with instant feedback and a full examiner-style mark scheme.

⚡ Start Quiz on Demand and Supply📖 Read Revision NotesTry one question
✨ Revision guide includes key terms, worked examples and exam technique for Demand and Supply.

Try 2 sample questions on Demand and Supply

Question 1 · 1 mark · Difficulty 1/3

A vendor at Coronation Market in Kingston notices that when the price of ackee increases, fewer customers purchase it. Which economic concept does this observation illustrate?

  1. The law of demand
  2. The law of supply
  3. Price elasticity of supply
  4. Market equilibrium
Show answer & explanation
✓ Answer: AThe law of demand
Award 1 mark for identifying that as price increases, quantity demanded decreases, which is the law of demand. B is incorrect — the law of supply relates to producer behaviour, not consumer purchasing. C is incorrect — elasticity measures responsiveness, not the basic inverse relationship. D is incorrect — equilibrium refers to where supply and demand meet, not the inverse price-quantity relationship.
Question 2 · 1 mark · Difficulty 2/3

The Caribbean has experienced an increase in the price of imported wheat flour. Which of the following would cause the demand curve for locally produced cassava flour to shift to the RIGHT?

  1. A decrease in the price of cassava flour
  2. An increase in the price of wheat flour, a substitute
  3. A decrease in consumers' income
  4. An improvement in cassava flour production technology
Show answer & explanation
✓ Answer: BAn increase in the price of wheat flour, a substitute
Award 1 mark for recognising that when a substitute becomes more expensive, demand for the other good increases, shifting the curve right. A is incorrect — a price change causes movement along the curve, not a shift. C is incorrect — decreased income would reduce demand for most goods. D is incorrect — improved technology affects supply, not demand.
⚡ Start a Quiz on Demand and Supply
20 questions · 25 min · free

CXC CSEC Economics: Demand and Supply FAQ

How many CXC CSEC Economics questions on Demand and Supply are there on Kramizo?
Kramizo currently has 20 exam-board-aligned practice questions on Demand and Supply for CXC CSEC Economics, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CXC paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
Is Kramizo free for CXC CSEC 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 and Supply practice with other Economics topics or even switch to a totally different CXC 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 and Supply questions aligned to the official CXC CSEC Economics syllabus?
Every question is written against the published CXC CSEC 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 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.
How is Demand and Supply typically tested on CXC CSEC Economics papers?
Demand and Supply appears across multiple question types on real CXC CSEC 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.

Lock in Demand and Supply before exam day.

Start practising in 30 seconds — no card required.

⚡ Start Quiz Free →