Edexcel Business & Economics Unit 4b Revision help

Have you considered setting your own practice exam question? . Or getting your teacher to set one?

Section 1 Sample Paper: Do markets always work

1) What is meant by Cost Benefit Analysis? (2)
2) What is meant by social costs? (2)
3) Explain why sports drinks may be considered demerit goods. (4)
4) Examine the impact on Greggs of the government closing VAT loopholes on hot food. (4)
5) Examine the view that obesity is harder to tackle because most of the costs associated with it are long-term. (8)
6) Assess the government's decision to scrap a planned extension of free school meals. (10)
7a) Assess the externalities associated with obesity. (20)
7b) Evaluate the role of the government in rectifying market failure in the UK food industry. (30)

Hope this helps!

How is everyone revising? Because I am struggling quite a bit.

Wow thank you they are really helpful, did you just make them up on the spot? I am only really revising so far by reading through the revision guide and writing down key terms and definitions.