Q1- How might a regulator view price and profit in an industry dominated by a small number of providers?
Q2 When is there a shift and when is there a move along a supply and demand schedule?
Q3 How might market rents in the residential property market behave in 2017/18 and beyond?
Q4 Show, using diagrams, the consequences of an increase in the supply of labour and also the decrease in the price of capital on the market wage.
Q5 Using labour market theory, analyse the impact of the rising use of robots over 2017/18 on wages and employment.
Q6 Examine how unemployment and inflation changed over the year 2017/18.
Q7 How well does Gross Domestic Product measure economic well-being?
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