Economics 9708/43 May June 2014 | Cambridge AS Level Past Papers With Mark Scheme

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1. Analysis of supermarket chains' use of economies of scale to influence price and output decisions.
2. Evaluation of whether large businesses typically aim to benefit the economy or focus on maximizing profits.
3. Monopsony practices in supermarkets: advantages and disadvantages for suppliers and consumers.
4. Discussion on resource allocation efficiency in market economies versus the challenges in practical implementation.
5. Relevance of consumer demand theories, including utility theory, to firms determining revenue strategies.
6. Impact of employment uncertainty on liquidity preference theory and its influence on money demand during economic recessions.