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A-LevelEconomicsMicroeconomics - Market Failure & Government InterventionOct/Nov 2019Paper 2 Q220 Marks

It has been reported that the world demand for chocolate is increasing at a time when the supply of cocoa beans, the raw ingredient required to produce chocolate, is not as large as expected.

Q: What topic does this question test?

This question tests Microeconomics - Market Failure & Government Intervention in A-Level Economics (syllabus code 9708). It is worth 20 marks.

📋 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 Microeconomics - Market Failure & Government Intervention in A-Level Economics (syllabus code 9708). It is worth 20 marks.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2019 examination, Paper 2 Variant 3.

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