AS & A Level Economics (9708) — October–November 2024, Paper 43
5 questions · every question answerable online with instant point-by-point AI marking against the official mark scheme.
Start with Question 1 →Distinguish between limit pricing and predatory pricing.
Answer this question and get it marked →Negative externalities of production cause market failure. With the help of a diagram, assess the extent to which the introduction of indirect taxation is likely to address this…
Answer this question and get it marked →Wages in a perfectly competitive labour market will always be higher than wages in a monopsony labour market. With the help of a diagram, evaluate this statement. [20]
Answer this question and get it marked →Central banks can control the money supply. An increase in the money supply will cause inflation, therefore central banks can control inflation. Evaluate this statement. [20]
Answer this question and get it marked →Some high-income countries have introduced a policy of high tariffs on some imports to reduce the negative effects of globalisation on their economies. With the help of a diagram,…
Answer this question and get it marked →