Economics 9708/22 Oct Nov 2020 | Cambridge AS Level Past Papers With Mark Scheme

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1. Impact of supply and demand changes on vanilla prices from 2004–2009 and 2015–2018.
2. Use of cross-elasticity of demand to analyze the relationship between natural vanilla and vanillin.
3. Price elasticity of supply differences between ice cream made with vanillin and natural vanilla.
4. Effects of vanilla price rises on Madagascar’s economy.
5. Role of subsidies in vaccination markets, their effect on price, and consumer surplus.
6. Causes and consequences of changes in China's terms of trade on its economy.