Price the graph and answer the questions that follow MARKET FOR PETROL/FUEL E1 10 XEMPL QUANTITY D 4.4.1 Name the price shift that takes place in the graph above. 4.4.2 Give ONE reason for the shift in supply from SS to $1S1. (1) (1) 33 4.4.3 Briefly describe the term complementary goods. (2) 4.4.4 Why would the increase in the price of substitute goods like I-Phone devices cause an increase in the demand of Samsung devices? (2) 4.4.5 Illustrate the impact of an increase in the petrol price on a complementary good, using a neatly labelled diagram. (4)
