3 marks
Q1(g) Diagram question: show what a rise in raw material costs does to the car market, labelling the new curve and equilibrium.
Edexcel · 4EC1
Price determination comes up in 19 questions across the Edexcel International GCSE past papers (4EC1), worth 57 marks between them. They run from 2019 to 2025 and appear on iGCSE Paper 1, iGCSE Paper 1R.
Tariffs run from 3 to 3 marks. The commonest instructions are Draw/Diagram (18), Explain (1). Specification points covered: 1.1.3.
Q1(g) Diagram question: show what a rise in raw material costs does to the car market, labelling the new curve and equilibrium.
Q1(g) Diagram question: show what a productivity gain does to the smartphone market, labelling the new curve and equilibrium.
Q1(g) Diagram question: show what population growth does to the rice market, labelling the new curve and equilibrium.
Q1(g) Diagram question: show the likely effect on the solar panel market, labelling the new curve and equilibrium.
Q1(g) Diagram question: show what a fall in racket prices does to the tennis ball market, labelling the new curve and equilibrium.
Q1(g) Diagram question: show what more advertising does to the apple market.
Q1(g) Diagram question: show what a new study does to the mango market.
Q1(g) Diagram question: show what a celebrity endorsement does to the trainers market.
Q1(g) Diagram question: show what falling incomes do to the luxury holiday market.
Q1(g) Diagram question: show what a fall in banana prices does to the apple market.
Q1(g) Diagram question: show what flood damage to farmland does to the crop market.
Q1(g) Diagram question: show what dearer raw materials do to the smartphone market.
Q1(g) Diagram question: show what better production technology does to the car market.
Q1(g) Diagram question: show what a falling population does to the bread market.
Q1(g) Diagram question: show what a rising birth rate does to the toy market.
Q1(g) Diagram question: show what rising incomes do to the market for wireless headphones.
Q1(g) Diagram question: show what a hurricane destroying farmland does to the crop market.
Q2(g) Give one reason auto rickshaw fares run higher outside the city centre.
Q1(g) Diagram question: show what a shift towards buying local does to the market for locally sourced goods.
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