International A Level Unit 3, Oct 2023

Q1 Identify the likely result of Japan's shrinking working-age population (vacancies / unemployment / immigration / wage rates).

Q2 Identify what would make a market more contestable, given Canada's 2022 competition policy update (start-up legal costs / merger rules / patents / regulatory capture).

Q3 Deduce from a Taiwanese street food seller's profit-maximising diagram whether the position is short run, long run or efficient.

Q4 Deduce how a 6.5% rent rise changes profit and price for an Indian grocery chain earning supernormal profits.

Q5 Work out average fixed cost at an output of 10 000 shirts from the maker's total cost schedule.

Q6 Identify why Johannesburg cinema seats cost more at night than by day, in terms of relative elasticity.

Q7(a) Work out the percentage price cut on Tesla's entry-level Model 3 in China between January and October 2022.

Q7(b) Analyse two developments that sent Chinese electric vehicle sales surging, shown on a diagram of demand and supply.

Q7(c) Explain which market structure best fits China's electric vehicle industry, using the market share chart.

Q7(d) Examine how building cars in Shanghai affects Tesla's costs and profits, shown on a cost and revenue diagram.

Q7(e) Discuss how rival electric car makers are likely to react to Tesla's price cuts in China.

Q10 Evaluate how the scale of a firm affects its efficiency, using Nestlé as the example, with diagrams.

Q8 Evaluate the measures a state might use to regulate a monopoly supplier such as Pakistan's telecoms provider, with diagrams.

Q9 Evaluate policies to cut workers' geographical and occupational immobility, given Belgium's jobless and vacancy rates.