1 mark
Q1(b) State the effect on the restaurant's average and marginal revenue once pizza demand falls, other things equal.
Edexcel · 9EC0 / 8EC0 / WEC11–14
Revenue comes up in 18 questions across the Edexcel A Level, AS and International A Level past papers (9EC0 / 8EC0 / WEC11–14), worth 34 marks between them. They run from 2017 to 2025 and appear on A Level Paper 1, International A Level Unit 3.
Tariffs run from 1 to 6 marks. The commonest instructions are Identify (MCQ) (8), Calculate (6), Calculate (MCQ) (2). Specification points covered: 3.3.1, 3.3.2.1.
Q1(b) State the effect on the restaurant's average and marginal revenue once pizza demand falls, other things equal.
Q6 Deduce what marginal revenue equals at the peak of a Nepalese mobile phone seller's total revenue curve.
Q6 Pick the diagram that shows total revenue for a profit-maximising firm under perfect competition.
Q6 Choose the total revenue curve fitting Apple, which held 56.41% of US smartphones and faces a falling demand curve.
Q2 Work out marginal revenue for a Botswanan shirt maker when the price drops from $16 to $14.
Q5 Identify the output level at which a German electricity supplier would maximise its total revenue.
Q7(a) Work out how much Deliveroo's total revenue changed in percentage terms over the years 2017 to 2021.
Q1(a) Given Disney+ subscriber growth from 10m to 50m, what is the most likely consequence, ceteris paribus? (fixed costs / income elasticity of demand / price elasticity of demand / revenue)
Q7(a) Use Figure 1 to work out by what percentage Amazon's revenue shifted from 2010 to 2020.
Q3 Using a table of Netflix international subscribers and total revenue for Q4 2017 to Q4 2020, calculate average revenue and identify the correct figure.
Q4(a) Work out ticket revenue for a musical staged five times to a full 300-seat house, with seats priced at $40.
Q7(a) Using Figure 1, work out by what percentage coffee beans' average world price shifted between 1 July 2017 and 1 May 2019, showing your workings.
Q7(c) Analyse two explanations for declining Chinese car sales after 2017, drawing on Figure 1 and Extract A.
Q6 From a total revenue curve plotted as output expands, decide how the firm's marginal revenue behaves (rising / constant / negative / falling).
Q7(a) Using Figure 1, work out by how much Uber India's revenue changed in percentage terms across 2016 to 2018, showing your method.
Q5 A monopoly operates at its revenue maximising output. Identify what is true. (MR = MC / AR = AC / average fixed costs rising / marginal revenue is zero)
Q7(d) Using Extract B, analyse how price elasticity of demand links to a firm's total revenue, with suitable diagrams.
Q2(b) Work out how much the sales revenue earned by UK tea retailers shifted across the 2010 to 2015 period.
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