AQA a level economics paper 1

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MaxB63
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What did everyone say for context 1 25 marker?
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MaxB63
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I seriously regret doing context 1
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KH29
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(Original post by MaxB63)
What did everyone say for context 1 25 marker?
i did context 2, had a lot of application in my mind for it and yh
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nadiashokka
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(Original post by MaxB63)
I seriously regret doing context 1
lol same
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user395729
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what did you say for context 2 25 mark

(Original post by KH29)
i did context 2, had a lot of application in my mind for it and yh
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KH29
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(Original post by user395729)
what did you say for context 2 25 mark
Well the question was about whether supermarkets sector protects consumer interest, something along the lines like that - so I spoke about discount v conventional , mergers, scandals ,etc.
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tom0110
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what was people answer for context 2 maths question?
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Rr4him
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question: smth to do with gov intervention and how it can be in favour of workers in gigs doing zero hr contracts.

I talked about how they can place a min price on wage and essentially place and increase a national minimum wage for gig workers. This helps to protect workers from exploitation but causes real wage unemployment as firm's costs increase. To counter this my second point was to subsidise these firms which would lower they're costs and incetivise them to employ more workers and hence economic activity increased.

I then went on a tangent and explained how these gigs were monopolies or non contestable workers eg uber, deliveroo and how they also exploit consumers. The counter point was that the super normal point would allow for dynamic efficiency and in the long run the price of the good will dereace. So does it even matter that consumers are being exploited in the short run.

My conclusion was basically comparing workers, consumers and the employers and how the government intervention policies can be used together to boost economic activity and protect the workers welfare.
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c_hindle1204
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(Original post by tom0110)
what was people answer for context 2 maths question?
i seem to think i got something around the 63% mark, can’t remember the exact number to 2 d.p though!
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Mr Currywurst
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(Original post by Rr4him)
question: smth to do with gov intervention and how it can be in favour of workers in gigs doing zero hr contracts.

I talked about how they can place a min price on wage and essentially place and increase a national minimum wage for gig workers. This helps to protect workers from exploitation but causes real wage unemployment as firm's costs increase. To counter this my second point was to subsidise these firms which would lower they're costs and incetivise them to employ more workers and hence economic activity increased.

I then went on a tangent and explained how these gigs were monopolies or non contestable workers eg uber, deliveroo and how they also exploit consumers. The counter point was that the super normal point would allow for dynamic efficiency and in the long run the price of the good will dereace. So does it even matter that consumers are being exploited in the short run.

My conclusion was basically comparing workers, consumers and the employers and how the government intervention policies can be used together to boost economic activity and protect the workers welfare.
I talked about the food delivery market being near to perfect competition (lots of competing firms with firms entering and exiting market) and how increasing wages of gig economy workers / forcing firms to employ workers normally would drive firms out market and increase barriers to entry and exit, and thus that this would be bad as it would decrease consumer choice and in the long run decrease amount of employers in market.
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borat32
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Yh I said that, also talked about that a gig economy increases labour market flexibility by reducing the geographical immobilities when workers move between jobs but the presence of occupational immobilities such as a lack of transferable skills prevents workers in the gig economy from attaining a higher wage and a more secure job with non monetary benefits such as holidays etc therefore the government may need to provide or subsidise education and apprenticeship to ensure that MRP for workers increases so they can progress in their line of work and create incentives.
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DesmondChen03
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I got it in the 30s
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DesmondChen03
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(Original post by c_hindle1204)
i seem to think i got something around the 63% mark, can’t remember the exact number to 2 d.p though!
i got it in the 30s
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c_hindle1204
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most people ive spoken to got it around the 60s, you had to divide the lidl one by the Waitrose one and times it by 100, I seem to remember
(Original post by DesmondChen03)
i got it in the 30s
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Rr4him
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(Original post by Mr Currywurst)
I talked about the food delivery market being near to perfect competition (lots of competing firms with firms entering and exiting market) and how increasing wages of gig economy workers / forcing firms to employ workers normally would drive firms out market and increase barriers to entry and exit, and thus that this would be bad as it would decrease consumer choice and in the long run decrease amount of employers in market.
How is the food delivery market structure near perfect isnt it oligopoly/monopoly power eg uber, justeat delivero
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Mr Currywurst
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(Original post by Rr4him)
How is the food delivery market structure near perfect isnt it oligopoly/monopoly power eg uber, justeat delivero
You can probably argue either way, but i argued that because it was nearest (albeit not exactly ) to perfect competition as their are many food delivery firms in the market, with homogeneous product and relatively low barriers to exit ( due to zero hour contracts), also as their is currently low brand loyalty and delivery firms have to accept market price. https://www.fastcasual.com/news/door...y-competition/
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_Rusty_
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Evil HomerMythical Pingu
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stevjbxy
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#18
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#18
For section B option 1, the 25 marker asked if it was a good idea for the government to provide network services to everyone for free. My argument for this is that government would create a natural monopoly given the fixed costs are high and variable costs low. But I’m not sure if I’m correct, can someone please verify that this is a valid argument?
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