Economics 9708/32 May June 2022 | Cambridge AS Level Past Papers With Mark Scheme

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- External costs in electricity generation and their distributional impacts on society.
- Allocative efficiency and profit maximization linked to marginal costs in firms.
- Dynamic efficiency challenges, including reinvestment and shareholder-driven constraints.
- Factors influencing consumer behavior, including addiction, substitution, and income effects.
- Cartel sustainability criteria, including market structures and enforced production quotas.
- Trade union strategies for wage increases without employment reduction.

CIE AS & A Level Economics (9708) Jun 2022

Laura Bellini

Classification: Paper 3

Page count: 12

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Last update: 2 months ago

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Economics 9708/32 May June 2022 | Cambridge AS Level Past Papers With Mark Scheme

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