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CIMAPRA17-BA1-1 Exam - Topic 2 Question 124 Discussion

A shift in the supply curve for a good will have the biggest effect on the market price when the demand curve for the good
B) is highly price inelastic
A) is highly price elastic
C) has unit price elasticity
D) is perfectly price elastic

CIMAPRA17-BA1-1 Exam - Topic 2 Question 124 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam
Question #: 124
Topic #: 2
[All CIMAPRA17-BA1-1 Questions]

A shift in the supply curve for a good will have the biggest effect on the market price when the demand curve for the good

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Suggested Answer: B

by Renay at Apr 12, 2026, 06:06 AM

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Richelle
6 days ago
I lean towards C. Unit elasticity keeps total revenue stable despite price shifts.
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Pearly
11 days ago
D seems strong. Perfectly elastic demand means any price change is crucial.
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Christiane
16 days ago
But with A, the supply shift might not impact price as much.
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Ettie
21 days ago
A is interesting. If demand is elastic, price changes could lead to big shifts.
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Ayesha
26 days ago
I agree with B too. Consumers won't change their buying habits much.
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Louisa
1 month ago
I think B is the best choice. Inelastic demand means price changes affect revenue.
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Tandra
1 month ago
Not so sure about that, what if the good is a luxury item?
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Ronald
1 month ago
Totally agree with B, inelastic means consumers will pay whatever.
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Brynn
2 months ago
Wait, isn't D just a theoretical concept? How does that even apply here?
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Monroe
2 months ago
I think A makes more sense, elastic demand reacts strongly to price shifts.
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Rueben
2 months ago
Definitely B, inelastic demand means price changes affect revenue more.
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Vincenza
2 months ago
Not sure about that, can we really say inelastic is always the biggest effect?
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Lanie
2 months ago
Totally with B, inelastic demand really amplifies price changes!
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Roselle
2 months ago
Wait, isn't D a bit extreme? Perfectly elastic sounds unrealistic.
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Ashley
4 months ago
I think A makes sense too, elastic demand can really shift prices!
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Ryan
4 months ago
Definitely B, inelastic demand means price changes impact revenue more.
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Wava
5 months ago
I recall discussing unit price elasticity in class, but I can't remember how it affects shifts in supply. I guess it could be C, but I'm not confident.
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Corinne
5 months ago
I feel like I read that perfectly elastic demand means any price change leads to infinite changes in quantity. So maybe D is the right choice?
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Glory
5 months ago
I'm not entirely sure, but I remember a practice question where a shift in supply had a bigger impact when demand was elastic. Could it be A?
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Abraham
5 months ago
I think the answer might be B, since inelastic demand means consumers won't change their quantity much with price changes.
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