Economics J205,01 November 2020, OCR GCSE Past Papers with Mark Schemes
OCR
GCSE
Economics (J205)
Nov
2020
This economics exam paper assesses key concepts of market systems, production, and resource allocation. Section A comprises multiple-choice questions on topics like supply and demand, sectoral output, economies of scale, and price elasticity. Section B focuses on case studies such as a holiday business, a football club, and a farm shop, requiring analysis of market forces, opportunity cost, and specialization. Extended responses evaluate the impact of competition, cost management, and supply dynamics. Total marks: 80, emphasizing practical application and economic analysis.
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