Edexcel A Level Economics B Paper 1: Markets and how they work June 2022 question paper 9EB0/01

Using Extract A, calculate to two decimal places the 5‑firm concentration ratio for the UK car manufacturing industry. You are advised to show your working.

Explain one reason why there is less likely to be price competition in the car industry.

Using Extract B, calculate to two decimal places the profit for the year margin for Stellantis in 2020. You are advised to show your working.

Using a suitable diagram, analyse the likely impact on the market for new petrol and diesel cars if the government increases the subsidy on new electric cars.

Of all the vehicles made in the UK, 81% are exported, with over half going to the EU.

Discuss the likely impact on UK car exports following a depreciation of the pound against the euro.

Assess the likely benefits for Stellantis of selling a range of different car brands.

Assess the benefits to the UK economy of subsidising the Vauxhall car plant in Ellesmere Port.

Assess the likely impact on the UK economy of the Government banning the sale of new petrol and diesel cars from 2030.

Evaluate the effectiveness of using monetary policy to control inflation in the UK.

Evaluate the case for a reduction in the regulations that protect UK employees.