A Level Economics (9708)•9708/13/O/N/23

Explanation
Interpreting Price Trends in Countries from the Graph
Steps:
- Examine the line for Costa Rica: it shows an increase from 2014 to 2015, then a decrease to 2016.
- Check India and Mauritius lines: both exhibit changes, not flat constancy between 2015 and 2016.
- Review Thailand and Japan lines: they indicate increases from 2015 to 2016, not decreases.
- Compare all options against graph data to identify the accurate trend description.
Why A is correct:
- The graph depicts Costa Rica's prices rising in 2015 relative to 2014 and falling in 2016 below 2015 levels, matching the definition of a peak-and-decline trend.
Why the others are wrong:
- B: Graph shows fluctuations in India and Mauritius prices between 2015 and 2016, not constancy.
- C: Thailand and Japan prices rose from 2015 to 2016, contradicting the decrease claim.
- D: Identical to C, which misrepresents the upward trend in Thailand and Japan.
Final answer: A
Topic: Price stability
Practice more A Level Economics (9708) questions on mMCQ.me