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2 questions on Consumer and Producer Surplus (AQA specification 1.5.11) from the A-Level Economics papers, 2020–2024. Every question links to the official mark scheme at the page its answer begins on.
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Explain the likely impact on consumer surplus and producer surplus as an industry moves away from a competitive market structure to one that is dominated by a few large firms.
Explain how the imposition of a tax on a good or service affects both consumer surplus and producer surplus.
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