A-LevelEconomicsLabour MarketsFeb/Mar 2018Paper 3 Q171 Mark
What will increase the power of a trade union, allowing it to increase wages without reducing the employment of its members in a particular industry? A The economy is experiencing a fall in the price of capital. B The economy is experiencing rising employment. C The price elasticity of demand for the industry's goods is equal to 1. D The price elasticity of demand for the industry's goods is greater than 1.
📋 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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