Using examples from Figure 2 or Extract B, discuss the likely impact of price discrimination on a firm’s profits. Use a relevant diagram to support your answer.
Revenue — Edexcel Past Paper Questions
6 questions on Revenue (Edexcel specification 3.3.1) from the A-Level Economics papers, 2018–2023. Every question links to the official mark scheme at the page its answer begins on.
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Discuss possible methods of price and non‑price competition that firms could use to increase the value of sales on the high street.
With reference to the information provided, discuss the decision by Jet2 to increase its package holiday prices.
Discuss the likely benefits of price discrimination to rail passengers. Use a diagram to support your answer.
Discuss one likely reason for the rise in BT’s profit (Figure 2, Extracts B and C). Use a cost and revenue diagram to support your answer.
With reference to Figure 3 and other information provided, discuss the price and non-price strategies that Starbucks may use to increase profitability.
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Related topics
- 3.3.2 Costs 7 questions
- 3.3.4 Profits and Losses 6 questions
- 3.1.2 Business Growth 6 questions
- 3.4.4 Oligopoly 9 questions
- 3.4.5 Monopoly 5 questions
- 3.4.7 Contestability 4 questions
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