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

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 124
Topic #: 2

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

Ais highly price elastic

Bis highly price inelastic

Chas unit price elasticity

Dis perfectly price elastic

Show Suggested Answer

Suggested Answer: B

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

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Ashley

17 days ago

I think A makes sense too, elastic demand can really shift prices!

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Ryan

23 days ago

Definitely B, inelastic demand means price changes impact revenue more.

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Wava

1 month 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

1 month 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

2 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

2 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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