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Economics B · Edexcel 9EB0 · Paper 3: The economic environment and business · June 2024

Edexcel A Level Economics B Paper 3: The economic environment and business June 2024 question paper 9EB0/03

2h 100 marks

Practise the past exam questions by topic

Edexcel 9EB0 · Paper 3

2 questions
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Question 1

(a)

Using Extract A and an appropriate calculation, discuss the implications for Tesla of September’s production figures.

(8)

(b)

Assess whether investment in the labour force is the best way for a firm to increase productivity.

(10)

(c)

Assess whether a firm should expand during a recession.

(12)

(d)

Using a suitable diagram, evaluate the importance of supply‑side policies in promoting economic growth.

(20)

Question 2

(a)

Discuss the use of venture capital as a source of finance for a firm such as Moko.

(8)

Answer
Mark scheme for question 2(a)
(b)

Assess the possible economic impact of specialisation in agriculture for a country such as Kenya.

(10)

Answer
Mark scheme for question 2(b)
(c)

Assess how the depreciation of the shilling may affect Kenyan firms such as Moko.

(12)

Answer
Mark scheme for question 2(c)
(d)

Evaluate how membership of the AfCFTA might benefit African countries such as Kenya.

(20)

Answer
Mark scheme for question 2(d)

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