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Economics B · Edexcel 9EB0 · Paper 3: The economic environment and business · June 2017

Edexcel A Level Economics B Paper 3: The economic environment and business June 2017 question paper 9EB0/03

2h 100 marks

Materials

Practise the past exam questions by topic

Edexcel 9EB0 · Paper 3

2 questions
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Question 1

(a)

Discuss the extent to which the UK obesity problem can be seen as market failure in the food industry.

(8)

(b)

Using Extract B and Figures 2 and 3, assess whether poverty reduction policies are the most effective way of dealing with the obesity crisis in the UK.

(10)

(c)

Using suitable diagrams, assess the likely success of a sugar tax in reducing obesity in the UK.

(12)

(d)

Evaluate the argument that market failure can be solved by government intervention.

(20)

Question 2

(a)

Discuss the likely impact of an increase in the minimum wage on a firm such as Whitbread.

(8)

(b)

Assess Lidl ’s decision to become the first UK supermarket to pay ‘at least the full living wage’ (Extract E, line 4).

(10)

(c)

Using a suitable diagram, assess the effectiveness of a rent cap in solving the problems of the London housing market.

(12)

(d)

With reference to Figures 4 and 5, evaluate the success of UK government policies in reducing regional variations in unemployment.

(20)

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