Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

(a)[12]

Discuss the costs and benefits of a trade union stepping in to influence the wages of workers in a particular occupation.

(b)[13]

The introduction of a national minimum wage will always benefit employees at the expense of employers. Discuss the extent to which you agree with this statement.

Worked solution & mark scheme

This 25-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI