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A-LevelEconomicsMarket StructuresMay/June 2020Paper 3 Q121 Mark

The table provides data on the number and value of mergers in Europe and North America between 2014 and 2017. | year | Europe | North America | |---|---|---|---| | | number | value (euro) | number | value (US dollar) | | 2014 | 17000 | 980 billion | 14000 | 2289 billion | | 2015 | 15500 | 1161 billion | 14 500 | 2533 billion | | 2016 | 18 100 | 1003 billion | 15 100 | 1858 billion | | 2017 | 18000 | 980 billion | 18 500 | 1822 billion |

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This structured question tests Market Structures in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2020 examination, Paper 3 Variant 2.

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