International A Level Unit 3, Jan 2025

Q1 Identify the condition an imperfectly competitive sunglasses maker such as Luxottica must meet to maximise profit.

Q2 Classify the Sony and Honda tie-up to build an electric car (joint venture and other arrangements).

Q3 Identify why labour demand in French shipbuilding is fairly unresponsive to wages, at -0.88.

Q4 Identify the price at which an Argentine sweetcorn grower keeps going short-run but would quit long-run.

Q5 Name the tactic behind Qualcomm pricing under average variable cost, fined EUR242 million by the EU.

Q6 Pick the diagram that shows total revenue for a profit-maximising firm under perfect competition.

Q7(a) Work out the four-firm concentration ratio for global fast food from the 2023 market share chart.

Q7(b) Explain what organic growth means, using the extract on McDonald's new CosMc's cafe chain.

Q7(c) Analyse two drivers behind the forecast expansion of the worldwide fast-food market.

Q7(d) Examine how buying from more ethical, sustainable suppliers affects McDonald's profit, with a suitable diagram.

Q7(e) Discuss how rival chains are likely to fare once McDonald's rolls out its CosMc's drinks cafes.

Q10 Evaluate who benefits when one firm buys another, such as Mars acquiring Hotel Chocolat for GBP534 million.

Q8 Evaluate the gains from a sole buyer, such as British Sugar purchasing from 3 000 UK beet growers, with diagrams.

Q9 Evaluate steps a government could take to raise competition and contestability, given Indonesia's small-business loan scheme.