3.6- Government Intervention- A level Economics Edexcel Exam Questions
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Course
Unit 3 - Business behaviour and the labour market
Institution
PEARSON (PEARSON)
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...
, Edexcel A Level Economics (A)
Unit Assessment – 3.6 Government Intervention
Section A
ANSWER ALL THE QUESTIONS
1a Which of these would NOT be a method of increasing competition in a market?
A Regulation of mergers to prevent monopoly power o
B Legislation to prevent collusion between suppliers o
C Introducing minimum prices for a product or service o
D Prevention of predatory pricing by suppliers o
(1 mark)
1b The purpose of RPI + K price regulation, for a utility such as water provision, is to:
A ensure that water companies have funds to invest in new facilities o
B keep price rises below the rate of inflation o
C promote the external benefits of clean water supply o
D help promote competition between natural monopolies o
(1 mark)
1c Explain one reason why the Competition and Markets Authority may not allow a merger between two
cinema chains to go ahead.
(4 marks)
Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics
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