A-LevelEconomicsMicroeconomics: Market Forces and Government InterventionOct/Nov 2017Paper 2 Q120 Marks
The world market for rice Table 1: The World Price of Rice (World average price index, 2004 = 100) Year | Rice Price Index ---- | --- 2011 | 242 2012 | 231 2013 | 233 2014 | 235 2015 | 211 Source: F.A.O. The market for rice is more distorted than that for any other basic food. Content removed due to copyright restrictions Rice-exporting countries should encourage this by dismantling controls of their own. Source: adapted from The Economist, 14 November 2015
📋 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.
🔒
Unlock the Examiner's Analysis
Sign up for free to reveal the full examiner report, trap analysis, and mark scheme breakdown for this question.
Sign Up Free to Unlock →Join thousands of Cambridge students already using Oracle Prep