Mark scheme Q3 microeconomics (unit 2.7)
This exam style question was written for the new syllabus and can be completed as a homework or in-class written exercise. Section B questions now require candidates to explicitly apply their response to a real world situation. 3. (a) Explain using an appropriate diagram 2 reasons why a government might impose indirect taxes. [10 marks] Responses should include the following: A definition of the key economic term in...