International A Level Unit 3, May 2024

Q1 Identify what technical economies of scale do to costs, as credited by Toyota's chief executive.

Q2 Work out the marginal cost of the third haircut from a small salon's fixed and variable cost table.

Q3 Identify why GSK chose to split away from Haleon in 2022.

Q4 Deduce the long-run outcome for an Indian wheat farmer from a short-run cost and revenue diagram.

Q5 Identify how switching from profit maximising to revenue maximising affects supernormal profit and price.

Q6 Identify a cause of falling geographical labour mobility in the USA over the past thirty years.

Q7(a) Work out how Uniqlo's total costs changed between 2021 and 2022 from its revenue and profit figures.

Q7(b) Explain organic growth, using how Uniqlo expanded abroad from its Japanese base.

Q7(c) Analyse two reasons Uniqlo competed well overseas against rivals like Zara or H&M.

Q7(d) Examine, with a diagram, what cheaper production would do to Uniqlo's total profits.

Q7(e) Discuss the entry barriers facing a firm trying to break into global fast fashion retailing.

Q10 Evaluate how collusion affects firms and consumers, using game theory and the Leicester City price-fixing fine.

Q8 Evaluate, with diagrams, government policies for curbing monopolies, prompted by the US inquiry into Google.

Q9 Evaluate why pay differs within one occupation, given the earnings gap among Swiss lawyers.