Transcription of Advanced Level Economics - qualifications.pearson.com
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Advanced Level Economics - qualifications.pearson.com
Write your name here Surname Other names Pearson Edexcel Centre Number Candidate Number International Advanced Level Economics International Advanced Subsidiary Unit 1: Markets in Action Monday 15 May 2017 Morning Paper Reference Time: 1 hour 30 minutes WEC01/01. You do not need any other materials. Total Marks Instructions Use black ink or ball-point pen. Fill in the boxes at the top of this page with your name, centre number and candidate number. Answer all the questions in Section A and one question from Section B. Answer the questions in the spaces provided there may be more space than you need.
4 *P48265A0440* 2 The diagram shows the market for carrots where the initial equilibrium is at price P e and quantity Q e. Price per kg of carrots F P e H O Q e Quantity of carrots S D G (a) Good weather conditions lead to an increase in the supply of carrots.
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