Calculate average drug profit from revenue chart and given development cost
AQA · 7136 / 7135
All 14 questions from the AQA A Level Paper 1, Nov 2021 Economics paper (7136 / 7135), worth 200 marks in total. The main topics tested are Labour market discrimination (4), Profit and its role (1), Competition and market dynamics (1), Monopoly and monopoly power (1).
Each question is summarised in our own words with its mark tariff, command word and specification point, and links through to the official paper.
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Calculate average drug profit from revenue chart and given development cost
Interpret data showing more suppliers push down generic medicine prices
Diagram comparing a single seller's drug pricing with rival-filled markets
Assess whether the pharmaceutical industry's structure harms buyers
Work out average pay of one ethnic group from gap data
Interpret data showing wider ethnic pay gaps at older ages
Diagram linking unrecognised overseas credentials to lower minority earnings
Evaluate state measures for narrowing pay differences between ethnic groups
Explain why perfectly competitive firms achieve both efficiency types
Evaluate whether new technology makes industries more competitive
Explain using XED how separate markets are linked
Discuss whether people always choose rationally to maximise satisfaction
Explain benefits to a firm of scale economies, internal and external
Discuss effects of separating owners from managers on firm behaviour
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