Economics Questions

✿Workers:
Q1: Explain two possible causes of a fall in a worker’s wages (4)

Q2: Analyse why workers with the same skills may be paid different wage rates (6)

Q3: Discuss whether it is better to work in a public sector or the private sector (8)

Q4: Discuss whether a decrease in wage rates and an increase in working hour will always
reduce the supply of workers in a firm (8)

Q5: Analyse why the wages of workers in a particular occupation may fall (6)

✿Trade Unions:
Q1: Explain two influences on a strength of a trade union (4)

Q2: Identify two reasons why workers go on a strike (2)

Q3: Discuss whether a firm will benefit from encouraging it’s workers to join trade unions
(8)

Q4: Discuss whether membership of a trade union will always be beneficial for the workers
(8)

✿Firms:
Q1: Explain why small firms continue to exist in an economy (4)

Q2: Explain two challenges facing small firms (4)

Q3: Analyse the advantages of a small firm (6)

Q4: Discuss whether or not small firms are to survive in the long run (8)

Q5: Discuss whether smaller or larger firms may benefit consumers more (8)

✿Economies of Scale:
Q1: Analyse three economies of scale enjoyed by car manufacturing firms (6)
Q2: Discuss whether growth of a firm is advantageous for consumers and firms (8)

Q3: Discuss whether the average cost of production always decreases when a firm
increases the total output (8)

Q4: Analyse the causes of an increase in labour productivity (6)