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OCR A level Economic 2023 past paper for EXAM revision $16.12   Add to cart

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OCR A level Economic 2023 past paper for EXAM revision

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A level Economic 2023 past paper for mock revision. this document includes questions papers . this will help you to get prepared yourself for 2023 year 13 mock. look at the mark scheme in my uploads document on my profile.

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  • February 22, 2023
  • 14
  • 2022/2023
  • Exam (elaborations)
  • Questions & answers
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Cambridge International AS & A Level

ECONOMICS9708/01
Paper 1 AS Level Multiple Choice For examination from 2023
SPECIMEN PAPER 1 hour

You must answer on the multiple choice answer sheet.
*0123456789*




You will need: Multiple choice answer sheet
Soft clean eraser
Soft pencil (type B or HB is recommended)

INSTRUCTIONS
● There are thirty questions on this paper. Answer all questions.
● For each question there are four possible answers A, B, C and D. Choose the one you consider correct
and record your choice in soft pencil on the multiple choice answer sheet.
● Follow the instructions on the multiple choice answer sheet.
● Write in soft pencil.
● Write your name, centre number and candidate number on the multiple choice answer sheet in the
spaces provided unless this has been done for you.
● Do not use correction fluid.
● Do not write on any bar codes.
● You may use a calculator.


INFORMATION
● The total mark for this paper is 30.
● Each correct answer will score one mark.
● Any rough working should be done on this question paper.




This document has 14 pages. Any blank pages are indicated.



© UCLES 2020 [Turn over

, 2

1 The demand for a product is inversely related to its price, ceteris paribus.

What does ceteris paribus mean in this context?

A Factors affecting demand other than price are held constant.

B Factors affecting price other than demand are held constant.

C Price changes result from changes in demand.

D Price falls result in increased quantity demanded.


2 What is likely to be introduced in the market for bus travel if an economy moves from a mixed
economy to a market economy?

A allowing companies to bid for bus routes

B free bus travel for school children

C maximum prices for bus travel

D subsidies to bus operators


3 The diagram shows that the production possibility curve (PPC) of maize and beans has changed
from PPC1 to PPC2.

100

output of maize
(tonnes)
PPC2

PPC1



0
0 100 200
output of beans
(tonnes)

What has happened to the opportunity cost of maize and the returns to factors producing beans?

opportunity cost returns to factors
of maize producing beans
A fallen fallen
B fallen risen
C risen fallen
D risen risen




© UCLES 2020 9708/01/SP/23

, 3

4 An individual buys a ticket to visit a government-owned art gallery.

How would this visit be classified by an economist?

A private and demerit good

B private and merit good

C public and demerit good

D public and merit good


5 The diagram shows a shift in a firm’s supply curve from S1 to S2.


price S2
S1




O quantity

What may have caused the shift from S1 to S2?

A a decrease in the costs of production of the firm

B a decrease in the popularity of the firm’s product

C a decrease in the subsidy on the good

D a decrease in the tax on the good


6 What is not an example of the role of the factor enterprise in a modern economy?

A deciding on new export markets for the firm’s goods and services

B making payments to suppliers for raw materials and capital goods

C reducing costs through the introduction of a new shift system for employees

D transforming the production process with the introduction of technological improvements




© UCLES 2020 9708/01/SP/23 [Turn over

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