A-LevelEconomicsConsumer and Producer SurplusMay/June 2012Paper 1 Q121 Mark
The table shows the maximum amount three students would each be willing to pay for a taxi to take them home from a night club. [Figure 12.1] Assume they share the taxi fare as shown in the table below. Which shows how much they each should pay so that they each obtain the same consumer surplus?
AJane $2.00 Sara $4.00 Yasmin $6.00
BJane $4.00 Sara $4.00 Yasmin $4.00
CJane $5.00 Sara $4.00 Yasmin $3.00
DJane $6.00 Sara $4.00 Yasmin $2.00
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of consumer and producer surplus within the Economicssyllabus. The examiner's mark scheme requires...
📋 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...
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