: Pearson Edexcel past-paper questions pack
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Government failure

Past-paper questions pack

Name
Class
Date set
Date due
Score/ 70

Questions are numbered; the mark schemes (the answer key) follow on separate pages so the question pages can be handed out alone. www.economicsaleveltutor.com

Pearson Edexcel AS and A-level Economics past-paper questions since 2016 · 8 parts · mark schemes follow the questions · www.economicsaleveltutor.com · Questions and mark schemes © Pearson Edexcel

1. June 2024 · Paper 1 · Q4(b) · 1 marks ·
(b) Which one of the following is an example of government failure associated with the maximum price? (1) A Contraction in demand B Distortion of price signals C Excess supply D Extension in supply
2. June 2024 · AS Paper 1 · Q6(a) · 5 marks · AO1=1,AO2=2,AO3=2
(a) Explain what is meant by the ‘unintended consequence’ (Extract B, line 9) of the plastic tax. (5)
3. June 2024 · AS Paper 1 · Q6(g) · 20 marks · AO1=4,AO2=4,AO3=6,AO4=6
(g) Evaluate methods of government intervention which could be used to reduce the market failure associated with plastic waste. Use a diagram to support your answer. (20)
4. June 2022 · AS Paper 1 · Q2(c) · 2 marks · AO1=2
(c) Explain one likely problem for the EU of maintaining prices at P2 . (2)
5. October 2020 · Paper 1 · Q3(b) · 1 marks · AO3=1
(b) Regulation of firms that pollute is likely to be a problem because it (1) A allows firms to use price signals B creates unintended consequences C fills information gaps for businesses D means lower administrative costs
6. October 2020 · AS Paper 1 · Q5(a) · 1 marks · AO1=1
(a) Define the term ‘government failure’. (1)
7. June 2017 · AS Paper 1 · Q6(g) · 20 marks · AO1=4,AO2=4,AO3=6,AO4=6
(g) Evaluate the impact of government intervention in the cigarette market. (20)
8. June 2016 · AS Paper 1 · Q6(f) · 20 marks · AO1=4,AO2=4,AO3=6,AO4=6
(f) Evaluate the likely microeconomic effects of government intervention in the UK housing market. (20)

Mark schemes

1. June 2024 · Paper 1 · Q4(b)
Mark scheme June 2024 Paper 1 Q4(b)
2. June 2024 · AS Paper 1 · Q6(a)
Mark scheme June 2024 Paper 1 Q6(a)
3. June 2024 · AS Paper 1 · Q6(g)
Mark scheme June 2024 Paper 1 Q6(g)
4. June 2022 · AS Paper 1 · Q2(c)
Mark scheme June 2022 Paper 1 Q2(c)
5. October 2020 · Paper 1 · Q3(b)
Mark scheme October 2020 Paper 1 Q3(b)
6. October 2020 · AS Paper 1 · Q5(a)
Mark scheme October 2020 Paper 1 Q5(a)
7. June 2017 · AS Paper 1 · Q6(g)
Mark scheme June 2017 Paper 1 Q6(g)
8. June 2016 · AS Paper 1 · Q6(f)
Mark scheme June 2016 Paper 1 Q6(f)