Economics 9708/43 Oct Nov 2010 | Cambridge AS Level Past Papers With Mark Scheme

The PDF file can be downloaded for reference. Key questions include:

1. Consumer behavior in food markets influenced by health perceptions, utility maximization, and diminishing marginal utility.
2. Role of product differentiation and its profitability for producers in competitive markets.
3. Comparison of fixed and variable costs for firm pricing and production decisions.
4. Benefits and risks of large-scale production and the debate over government restrictions on firm growth.
5. Standard of living measurement approaches and the role of uncontrollable factors like natural disasters and climate change.
6. Impacts of resource endowments and investment multipliers on economic development in African versus developed countries.