Economics 9708/41 May June 2019 | Cambridge AS Level Past Papers With Mark Scheme

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

1. Analysis of loyalty cards' impact on market competition and consumer behavior.
2. Relationship between utility, consumer loyalty, and price elasticity of demand for profit-maximizing retailers.
3. Rationality in consumer behavior through the lens of indifference curve theory.
4. Linkages between externalities, public goods, and optimal resource allocation.
5. Impact of wage increases on costs, profits, inflation, and economic stability as per wage determination theory.
6. Role of foreign direct investment and solutions to the vicious cycle of poverty in developing economies.