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Index of /exam-papers/A-Level/Physics/AQA/Physics-A-2450/2005-Jan

C prevent market failure. When you have selectedthe response which you think is the best answer to a question, mark this response on your objectivetest answer sheet. Pencil should only be used for drawing. Thank you for visiting our website ;a01 your interest in our free products and services.

Aqa Econ1 w Qp Jun11 – Documents

C its firms hold relatively low levels of stock. ,s increase production of public goods. B the distribution of income became more unequal. Do not use pencil. D everyone became better off because total income increased. Aqa Econ1 w Qp Jun W Cdma Umts George H. C Producers and consumers may have to consider opportunity cost when makingdecisions.


D there are many substitutes for its output. To the running of this website, we need your help to support us. Yet the production andconsumption of at least some of Good X increases the welfare of society. Each question carries 1 mark.

D Governments must intervene in markets. No deductions will be made for wrong answers. We are nonprofit website to share and download documents.

The governmenttherefore has an incentive to intervene to ensure its provision. For each question there are four alternative responses, ABC and D.

All materials on our website are shared by users. C price elasticity of demand is negative.

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B income elasticity of demand is positive. Good X is most likely to be a A public good. C the distribution of wealth became more unequal. B subsidise producers by P 3 P 2 per unit of the good. Share Aqa Econ1 w Qp Jun D benefit from specialisation and the division of labour. Each question carries one mark. You may use a calculator. If you have any questions about copyright issues, please report us to resolve them.


B its firms are operating below their full capacity. The marks for questions are shown in brackets. A Economic theory assumes that firms will kun05 profits. Embed Aqa Econ1 w Qp Jun Please download to get full document.

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