Sample 1
This is the first sample for this question, on microeconomics. The question and markscheme can be purchased at the IBO store, available at: Follett. A reminder that this question is q1 from paper one in May 2016, timezone 1. Candidate response (a) An indirect tax is a tax imposed on goods and services rather than on income or company profits. This will increase the selling price of the product for consumers as well...