◈ Oracle Prep Sign Up Free

A-LevelEconomicsThe price system and the microeconomy9708/32 · Oct/Nov 2018 · Q71 Mark

What must be found in two markets for price discrimination to be profitable?

What must be found in two markets for price discrimination to be profitable? A different price elasticities of demand B different price elasticities of supply C different producers D different products[1]

Mark scheme

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

[1] A

Write your answer and get it marked

On Oracle Prep you can write or photograph your own answer and have it marked by AI against this mark scheme, with feedback on what you missed.

Sign up free →

About this question

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 2, question 7.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Related Economics questions

The price system and the microeconomyFeb/Mar 20171m

A firm successfully engages in a policy of predatory pricing. What will happen to the prices charged by the firm in t…

The price system and the microeconomyFeb/Mar 20171m

What will act as a barrier to collusion between firms?

The price system and the microeconomyFeb/Mar 20171m

In the UK in 2015 the average wage was £26500 a year. At the same time, certain footballers were earning more than £1…

International economic issuesFeb/Mar 20171m

The US President signed a trade agreement which allowed more duty-free access to the US market for Latin American and…

International economic issuesFeb/Mar 20171m

Which statement is not a valid reason why a country may impose protectionist measures?

Government macroeconomic interventionFeb/Mar 20171m

A government wants to operate a tighter monetary policy. What would it increase?

← Browse all past-paper questions