Economics B · Edexcel 9EB0 · Paper 3: The economic environment and business · June 2023
Discuss if wage rates in a modern labour market are always determined by supply and demand.
(8)
Assess how barriers to entry affect market structure.
(10)
Assess the benefits for a firm of adapting its marketing strategies for global markets.
(12)
Evaluate the impact of the digital economy on markets and firms.
(20)
Discuss the benefits for a firm of operating in a niche market.
(8)
Assess the likely impact of the proposed takeover of OMV Slovenija by MOL on the market for fuel in Slovenia.
(10)
Using a suitable diagram, assess the benefits of a subsidy in a market such as the French energy market.
(12)
Evaluate government policies that can be used to deal with market failure in an economy caused by emissions.
(20)
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