6 questions on The Determinants of the Demand for Goods and Services (AQA specification 1.3.1) from the A-Level Economics papers, 2019–2023. Every question links to the official mark scheme at the page its answer begins on.
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Using the data in Extract A (Table 1), calculate the index of total car sales in 2021 if, in the base year, total car sales were 1.25 million. Give your answer to two decimal places.
Explain how the data in Extract A (Table 1 and Figure 1) show that developments in the car market are the main reason for the changing demand for lithium-ion batteries in the UK.
Explain the factors that a commercial aircraft manufacturer, such as Boeing or Airbus, should consider when forecasting the future sales of its aircraft.
Extract B (line 18) states that the global trade in sand has been ‘made possible by cheaper transportation’. With the help of a diagram, explain how cheaper transportation and a construction boom in East Asia have led to growth in the market for sand.
1.3.1 Determinants of Demand · 1.3.5 Equilibrium Market Prices
Explain how the data in Extract D (Figure 4) show that in the UK, between 2004 and 2017, changes in the demand for rail travel contributed to changes in the price of rail travel.
Explain the likely causes of the main changes in house prices that have taken place between 2007 and 2017.
1.3.5 Equilibrium Market Prices · 1.3.1 Determinants of Demand
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