Edexcel A Level Economics B Paper 2: Competing in the global economy June 2023 question paper 9EB0/02

Using the data from Extract C calculate, to 2 decimal places, the rate of inflation in March 2022.

You are advised to show your working.

With reference to Extract C, explain in which month there was deflation and in which month there was disinflation.

Median nominal annual earnings for full-time employees in the UK increased from £25 806 in 2009 to £31 285 in 2021.

In the same period, there was an increase of 52% in demand for takeaway meals.

Using this data, calculate, to 2 decimal places, the income elasticity of demand for takeaway meals from 2009 to 2021. You are advised to show your working.

Analyse two ways small firms might survive in the competitive restaurant market.

Discuss the possible benefits to takeaway firms of using dark kitchens.

With reference to Extract A, assess the likely impact of rising inflation on the UK restaurant market.

With reference to Extract A, assess problems arising from the inorganic growth used by UK restaurant chains such as The Restaurant Group and Casual Dining Group.

With reference to Extract B, assess potential stakeholder conflicts associated with the growth of dark kitchens.

Evaluate the impact of just in time (JIT) management of stock on the efficiency and competitiveness of firms.

Evaluate the extent to which there is a trade-off between the policy objective of economic growth and the other objectives outlined in Extracts H and I.