AQAPaper 3June 202210 marksMicroeconomics
To what extent do the data support the view that Boeing has been more successful than Airbus since 2014? You must use the data in Extract B to support your assessment.
Profit — AQA Past Paper Questions
5 questions on Profit (AQA specification 1.4.7) from the A-Level Economics papers, 2018–2022. Every question links to the official mark scheme at the page its answer begins on.
The question search could not load. Every question is still listed by topic below, and all the mark scheme links work.
AQAPaper 1June 20212 marksMicroeconomics
Using the data in Extract A (Figure 1), calculate the mean amount of profit that pharmaceutical companies would have made on a new drug in 2019, given that the average development cost was $2.6bn. Give your answer to the nearest million dollars.
AQAPaper 1June 201915 marksMicroeconomics
Explain the factors a profit-maximising firm will take into account when deciding whether to shut down or to carry on operating, both in the short run and in the long run.
1.4.4 Costs of Production · 1.4.7 Profit
AQAPaper 1June 201815 marksMicroeconomics
Explain the role of profit in a market economy.
AQAPaper 1June 201825 marksMicroeconomics
Evaluate the view that a firm making low profits must be inefficiently managed.
No questions match that search.
Try a broader term — for example monopoly, inflation, exchange rates, externalities or 25 marks.
Related topics
- 1.4.8 Technological Change 5 questions
- 1.3.1 Determinants of Demand 6 questions
- 1.3.5 Equilibrium Market Prices 9 questions
- 1.5.5 Oligopoly 7 questions
- 1.5.6 Monopoly and Monopoly Power 5 questions
- 1.5.8 The Dynamics of Competition 5 questions
Practising past papers is only half of it
Past papers show you the question — feedback shows you the marks. Send an essay for examiner-style marking, or work through the topics you keep losing marks on with a specialist tutor.