Economics 9708/43 May June 2019 | Cambridge AS Level Past Papers With Mark Scheme

The PDF file can be downloaded for reference. Key questions include:

1. Analysis of loyalty cards' impact on market competitiveness and consumer behavior.
2. Relationship between utility, consumer loyalty, and price elasticity for profit-maximizing retailers.
3. Conflicting evidence regarding the effectiveness of loyalty cards offering price discounts.
4. Use of rationality in indifference curve theory and its assumptions about consumer behavior.
5. Links between externalities, public goods, transfer payments, and the poverty trap.
6. Impact of foreign direct investment on developing economies and solutions for breaking the "vicious cycle of poverty."
7. Evaluation of quantitative easing and its limitations in addressing recession-related economic issues.