A-LevelEconomicsThe price system and the microeconomy9708/31 · Oct/Nov 2018 · Q121 Mark

What would be most likely to allow the survival of small firms in an economy? A an increase in the cost of borrowing from commercial banks B an increase in personal services as a share of GDP C an increase in the rate of change of information technology D an increase in the ratio of capital to labour employed in an economy

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2018 Paper 3 Variant 1, question 12.

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