Economics 9708/41 Oct Nov 2014 | Cambridge AS Level Past Papers With Mark Scheme

Download the attached file to view the complete content. Key questions extracted:

1. Disadvantages faced by temporary workers compared to permanent workers in India.
2. Examination of whether evidence supports the assertion that most Indian manufacturing firms are small.
3. Differences between fixed and variable costs and their classification in relation to temporary workers and managers.
4. Evaluation of the impact of low wages on India’s economy.
5. Analysis of price effects using budget lines versus marginal utility demand curves.
6. Comparison of wage rate differences in perfect versus imperfectly competitive labor markets.