Economics 9708/41 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explain the concept of price discrimination and identify examples from the article, distinguishing between price and non-price discrimination.

2. Use a diagram to show the effects of a price discrimination strategy on consumer and producer surplus.

3. Analyze the relationship between price discrimination and demand and supply in a market economy.

4. Discuss whether price discrimination exploits consumers and whether it should be regulated.

5. Describe the impact of a reduction in subsidies on the price of fuel and explain how it affects consumer utility.

6. Evaluate the effects of rising interest rates on currency value and its impact on the balance of payments.