A-LevelEconomicsThe Allocation of ResourcesMay/June 2018Paper 2 Q220 Marks
Section B Answer one question. You may answer with reference to your own economy or other economies that you have studied where relevant to the question. (a) Explain the different ways in which resources are allocated in a market economy and in a mixed economy. (b) Discuss the effectiveness of supply-side policies in increasing the supply of enterprise to the economy.
📋 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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