Edexcel Business and Economics unit 4B case study June 2014 (Obesity)

i'm aiming for 2 and half sides for 20m and about 3 and a half for the 30m

that what I was aiming for but I was unsure on whether or not this was too much and if it left me with not enough time for the other 30marks in section a of the paper

thought that was quite dificult

i had to rush section b but at least section a was on point

For Section B, I ran the questions like these.

Assess the economic arguments for NHS Charges.

-Yes, they fund the NHS and decrease consumption, so the NHS can pay for itself and allow the economy to grow.
-No, use will lessen and obesity won't be stopped, the economy suffers from heightened inequality, less NHS money
-No, fat tax and FSM can given NHS more money and cut obesity, they directly target demerit goods and encourage alternatives

Evaluate whether to use Regulation on the food industry

-Yes, cuts obesity and allows for minimum standards as ingredients have to be cut down
-Yes, better for equality than fat tax, cheaper than FSM and better for economy than banning marketing
-No, cuts in ingredients can let companies use market power to distort market knowledge and harms competitiveness in the economy
-No, fat tax directly cuts demand, FSM encourages merit goods and strengthens economy and ban on marketing prevents distortion of market knowledge