Profits and losses

Q7(d) Examine two reasons UK bicycle shops had to shut in 2023, using the sales chart and both market extracts.

Q7(e) Discuss, with a cost and revenue diagram, ways Halfords might lift its returns after profit fell 18%.

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

Q7(d) Examine, with a diagram, what rising regulatory fixed costs do to AstraZeneca's profit.

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

Q7(c) Examine what a 50% jump in energy costs does to a Bangladeshi clothing maker's profits, with a diagram.

Q8 Evaluate the claim that a firm unable to earn normal profit must close, as Toys R Us did in 2018.

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

Q7(d) Examine two causes of Deliveroo's losses, using its revenue and cost data, with a diagram.

Q4 Given a Sri Lankan street food stall's short-run curves for revenue and cost under profit maximisation, pick the correct deduction on market structure, efficiency, profit and shutdown.

Q5 Identify the condition under which a firm closes in the short run, given New Zealand business closures during the health crisis.

Q7(d) Examine how building a smartphone plant in India is likely to affect Samsung's profits, using a diagram.

Q7(d) Examine two probable ways Amazon's profits were affected by the worldwide health crisis, drawing on Extract A.

Q7(e) Using Extract B plus your own economics, discuss why so many South African SMEs closed during 2020; a suitable diagram is needed.

Q1 After Turkish carrier AtlasGlobal folded in 2020, identify the short-run shutdown condition for a firm (AR = AC / AR below MR / AR below AVC / AR = MC)

Q7(d) Examine how rising car sales in the USA would affect Stellantis profits, using Extract A and a suitable diagram.

Q7(b) Drawing on Extract A, set out the meaning of the term 'short-run shutdown point'.

Q7(e) Using the material supplied, discuss why Starbucks' profits rose in 2019, illustrating one reason via a cost and revenue diagram.

Q7(d) Examine how China's state subsidy might alter an electric car producer's profits, using Extract A and a suitable diagram.

Q7(c) Examine how the planned Tata Steel/Thyssenkrupp merger might alter profits for carmakers in Europe, using Extract B and a suitable diagram.

Q9 After Flybe's 2020 collapse, evaluate with diagrams whether any firm whose costs outstrip revenue must close, illustrating from an industry you select.

Q7(c) Using Extract A, examine how falling variable costs might change Tesla's profit, supporting the answer with suitable diagrams.