4 marks
Q1(a) From a high street restaurant's cost and revenue diagram, work out how supernormal profit changes when it moves from revenue to profit maximisation.
Edexcel · 9EC0 / 8EC0 / WEC11–14
All 17 questions from the Edexcel A Level Paper 1, June 2025 Economics paper (9EC0 / 8EC0 / WEC11–14), worth 125 marks in total. The main topics tested are Elasticity (2), Externalities (2), Profit (1), Revenue (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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Q1(a) From a high street restaurant's cost and revenue diagram, work out how supernormal profit changes when it moves from revenue to profit maximisation.
Q1(b) State the effect on the restaurant's average and marginal revenue once pizza demand falls, other things equal.
Q2(a) Using the data given, explain what value oil's price elasticity of supply is likely to take, given North Sea licences and 20-year extraction lead times.
Q2(b) With petrol cars' cross elasticity of demand at +0.64 against diesel car prices, state the likeliest effect of diesel cars becoming 10% cheaper.
Q3(a) Using a diagram of a dental practice in monopolistic competition, identify which statement applies to its equilibrium at point E.
Q3(b) On an externalities diagram, mark the welfare gain from UK dental care consumption, given 90% of practices refuse new NHS patients.
Q4(a) Using the data shown, explain why poor information in Britain's used-car market misallocates resources, given 750 000 unresolved complaints yearly.
Q4(b) Why did nearly 600 000 subscribers quit Amazon Prime after its monthly price rose from £7.99 to £8.99? (profit maximising / utility maximising / habit / computation weakness)
Q5(a) Show on a labour market diagram how hospitality employment is affected by the National Minimum Wage rising 9.7% to £10.42 in April 2023.
Q5(b) State the likeliest reason why the UK's supply of agricultural workers fell sharply.
Q6(a) Drawing on Extract A, explain one way expanding digital markets could affect allocative efficiency.
Q6(b) Using Extract C, examine two ways greater automation changes how much labour employers demand.
Q6(c) Using the information supplied on UK video game sales and prices in 2022, discuss whether their price elasticity of demand is elastic.
Q6(d) From the material given, assess how contestable video game development is as a market.
Q6(e) Discuss the gains a firm such as Microsoft might expect to make by merging with another business.
Q7 Evaluate the microeconomic consequences of large infrastructure schemes such as HS2, a £100bn railway destroying ancient woodland, homes and businesses.
Q8 Evaluate microeconomic outcomes from spending more on education, taking the 2023 plan for maths study in England until age 18.
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