Economics 9708/42 May June 2013 | Cambridge AS Level Past Papers With Mark Scheme

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1. Explanation of collusion in industries, its economic motivations, and conditions for occurrence.
2. Analysis of Procter & Gamble's revenue and profit trends, assessing benefits of price fixing.
3. Evaluation of large-scale advantages from business integration for cost reduction and efficiency.
4. Examination of whether Procter & Gamble's actions align with public interest based on competition law and market impact.
5. Discussion of wage determination under perfect competition and its adaptation to public sector wage cuts.
6. Exploration of inflation control policies amidst rapid economic growth, emphasizing monetary and fiscal strategies.