Unit 1 - Introduction to markets and market failure
Exam (elaborations)
1.2 How Markets Work- A level Economics Edexcel Exam Questions
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Unit 1 - Introduction to markets and market failure
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Memorsing content can only take you so far, so use exam questions effectively to prepare yourself for the actual exam. This document will help you do so, it contains a mix of exam style questions with extract/sources just like the real exam. The marks are for AS level but you can just as easily use...
Unit 1 - Introduction to markets and market failure
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UNIT ASSESSMENT
Edexcel A Level
Economics
Unit Assessment
1.2 How Markets
Work
(Edition 1)
h 1 hour
h The maximum mark for this unit assessment is 50
Name
Centre Name
, Edexcel A Level Economics (A)
Unit Assessment
1.2 How Markets Work
Section A
ANSWER ALL THE QUESTIONS
1a Define the term ‘normal good’.
(1 mark)
1b Provide one function of the price mechanism.
(1 mark)
Page 2 Edexcel A Level Economics Unit Assessment www.tutor2u.net/economics
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