DP Economics
Question 19M.3.HL.TZ0.c
| Date | May 2019 | Marks available | [Maximum mark: 1] | Reference code | 19M.3.HL.TZ0.c |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Draw, Label | Question number | c | Adapted from | N/A |
c.
[Maximum mark: 1]
19M.3.HL.TZ0.c
Table 1 provides information about Fairland.
Table 1
Figure 6 illustrates Fairland’s demand (D) for and supply (S) of low-wage labour.
Figure 6
In order to raise the living standards of low-wage workers, the government of Fairland has decided to impose a minimum wage of $10 per hour.
Draw and label a curve that illustrates Fairland’s minimum wage on Figure 6.
[1]
Markscheme
Award [1] for an accurate, labelled minimum wage line.
Examiners report
Well-answered, with a small number of inaccurate or unlabelled curves.
