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7135-1-INS-ECONOMICS-AS-QUESTION PAPER 15May23-Paper 1 The Operation of Markets and Market Failure

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CONTEXT 1: OIL Questions 21 to 26 • Extract A: Brent crude oil prices, 2013–2020 and market shares of leading oil producers, 2019 • Extract B: The market for oil • Extract C: Failures in the oil market CONTEXT 2: DRONES Questions 27 to 32 • Extract D: Annual worldwide sales of commercial drones, 2016–2023 and near misses between drones and planes in the UK, 2014–2018 • Extract E: The rise of the drone • Extract F: Opportunity or threat? AQA 2 IB/M/Jun23/7135...

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7131-2-INS-BUSINESS-AS-QUESTION PAPER 26May23-AS BUSINESS Paper 2 Business 2

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Boss Balloons Ltd (BB) creates balloon displays for events such as children’s parties, weddings and store openings. BB is owned by Zoe, who set the business up after seeing a gap in the local market. BB sells its products through its website and via social media, which it also uses for its marketing. BB’s prices range from £50 for the smallest balloon display to £950 for large displays for events such as weddings. Customers pay a small deposit to secure their order and pay the ba...

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7132-2-AQA BUSINESS-A-QUESTION PAPER 7Jun23-AM-A-level BUSINESS Paper 2 Business 2

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0 1 Read the information below and then answer the questions that follow. AJS plc AJS plc is a manufacturer of non-recyclable packaging. This packaging is widely used by takeaway food outlets. AJS plc plans to invest £500 000 in new technology to increase capacity and make its factory more capital intensive. Appendix A Data on proposed investment (produced by AJS plc’s operations manager) 0 2 Read the information below and then answer the questions that follow. Homeworking Homeworki...

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7132-1-AQA BUSINESS-A-QUESTION PAPER 23May23-A.-A-level BUSINESS Paper 1 Business 1

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0 1 Which of the following will cause spare capacity in a business to rise? [1 mark] A New competitors are entering the market. B The business closes some factories. C The business’s product becomes more fashionable. D There is a successful advertising campaign. 0 2 Statement 1: ‘Value added can be increased by creating barriers to entry.’ Statement 2: ‘Value added can be increased by lowering unit costs.’ Read statements 1 and 2 and select the correct option from the fol...

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7131-2-AQA BUSINESS-AS-QUESTION PAPER26May23-PM-AS BUSINESS Paper 2

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0 1 Figure 1: Global balloon market values 2020 2021 2022 $227 million $260 million $287 million The UK balloon market accounted for 25% of the global market in 2020 and 30% of the global market in 2022. Using Figure 1, calculate the percentage increase in the size of the UK balloon market between 2020 and 2022. Give your answer to two decimal places. [3 marks] Extra space 3 3 *03* Turn over ► IB/G/Jun23/7131/2 Do not write outside the 0 2 Figure 2: BB financial data for 3...

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7131-1-AQA BUSINESS-AS-PAPER 19May23-AM-AS BUSINESS Paper 1 Business 1

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0 1 A company decides to rely only on decision trees to decide whether to accept a project. If decisions are based on the financial outcome, what is the most important factor in these decisions? [1 mark] A Expected value B Initial cost C Net gain D Probability of success 0 2 When will a business’s corporate objectives be agreed? [1 mark] A After its mission and after its financial objectives B After its mission and before its financial objectives C Before its mission and after it...

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7127-2-AQA ACCOUNTING-A-QUESTION PAPER 6Jun23-AM (1)-A-level ACCOUNTING Paper 2 Accounting for analysis and decision-making

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0 1 Which is the source document for a payment by direct debit? [1 mark] A Bank statement B Cash receipt C Cheque counterfoil D Purchase invoice 0 2 Which is the formula for markup? [1 mark] A Cost of sales Gross profit × 100 B Gross profit Cost of sales × 100 C Gross profit Revenue × 100 D Revenue Gross profit × 100 CORRECT METHOD WRONG METHODS 3 *03* Turn over ► IB/G/Jun23/7127/2 Do not write outside the 0 3 Which is a benefit of marginal costing box ? [1 ...

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