AQA GCSE Economics Paper 1 June 2019 question paper

Which of the following is the central purpose of economic activity?

Which of the following correctly shows the rewards to the four factors of production?

Which of the following activities would be included in the primary sector of the economy?

Which of the following would cause the demand curve for cars to shift to the right?

What is the equilibrium price after a rise in supply of 10 units at all prices?

Which of the following is the most likely cause of a rise in price of lemons?

A 25% increase in the price of chocolate bars leads to a 5% fall in quantity demanded.

What is the price elasticity of demand of chocolate bars in this case?

Which of the following are characteristics of a competitive market?

Which of the following would lead to a market failure?

The following information was included in Paul’s monthly pay slip.

State two types of economy of scale.

Explain one positive externality that could result from building a new motorway.

Explain one possible effect on the equilibrium market price of cars of a fall in consumer incomes.

Table 1 shows revenue and cost data relating to a café with 1000 customers per month.

Using Table 1, calculate the monthly profit of the café.

Show your working.

Explain one possible reason why the owners of the café may aim to make a profit.

Table 2 Annual earnings of selected occupations in 2017.

Using Table 2, analyse why a surgeon may earn more than a cleaner.

State two costs to individual workers from specialisation.

Explain one opportunity cost a government might face when making economic decisions.

Explain one possible cause of monopolistic power in a market.

Table 3 shows data relating to the workforce of Sam’s cupcake-making business.

Using Table 3, calculate the hourly productivity of Sam’s workforce. Give your answer to one decimal place.

Explain one way the productivity of Sam’s workforce could be increased.

Draw a supply and demand diagram below to show the effects of an increase in supply on price and quantity.

Using Table 4, calculate the combined market share of the four largest firms in the UK coffee shop market to one decimal place.

Explain two possible consequences of the oligopolistic nature of the UK coffee shop market.

Using Item A, analyse the possible externalities of the increase in take-away coffee consumption in the UK.

Do you think the UK government should intervene to reduce market failure in the coffee shop market?

Use Items A and B and your own economic knowledge to justify your view.