Economics 9708/43 May June 2017 | Cambridge AS Level Past Papers With Mark Scheme

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1. Comparison of pay growth between public and private sectors, with factors affecting wage disparities.
2. Analysis of real total pay and regular pay trends since 2008 using Fig. 1.
3. Application of market evidence to counter workforce demands for pay increases.
4. Significance of inflation and total pay growth as key economic indicators.
5. Evaluation of utility theory and indifference curve analysis in understanding demand for normal and inferior goods.
6. Impacts of profit maximization and monopolistic behavior on market price, supply, and competition.