Understanding markets and customers: AQA A‑Level Business questions
Every AQA A-Level Business exam question on 3.3.2 Understanding markets and customers, 2020–2025, with its mark scheme and examiner’s report.
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![June 2025 AS Paper 1, question 10: Figure 2 shows a company’s sales forecast for 2026. Figure 2 Which of the following statements is true? [1 mark] A The probability that sales in 2026 will be be](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun25-10-qp.webp)
![June 2025 AS Paper 2, question 01: Using the data in Figure 1, calculate the percentage change in sales revenue from 2022 to 2024. [3 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells ho](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71312-jun25-01-qp.webp)
![June 2024 Paper 1, question 07: Assuming no other changes, sales revenue for a product will stay the same if: [1 mark] A incomes rise by 10% and the income elasticity of demand for the product](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71321-jun24-07-qp.webp)
![June 2024 AS Paper 1, question 10: Company X has a 40% market share. The market size declines by 20%. There are no other changes. Company X’s market share now is: [1 mark] A 32% B 48% C 50% D 60%](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun24-10-qp.webp)

Q17.2
The whole paper ↗![June 2024 AS Paper 1, question 17.2: Recommend whether Refurb-iture Ltd should choose garden furniture or office furniture for its expansion. Justify your answer. [16 marks] 1 7 Refurb-iture Ltd Ve](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun24-17-2-qp.webp)

Q03.1
The whole paper ↗![June 2023 Paper 2, question 03.1: Explain why APO’s survey findings may not represent the views of UK consumers. [4 marks] 0 3 Read the information below and then answer the questions that follo](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-jun23-03-1-qp.webp)





Q01.1
The whole paper ↗![June 2022 Paper 2, question 01.1: What is meant by the term extrapolation? [2 marks] 0 1 Read the information below and then answer the questions that follow. The UK tea market Tea drinking in t](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-jun22-01-1-qp.webp)
Q01.2
The whole paper ↗![June 2022 Paper 2, question 01.2: Using Appendix B, calculate the combined market share of the top four tea brands in 2019. [3 marks] 0 1 Read the information below and then answer the questions](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-jun22-01-2-qp.webp)
Q01.4
The whole paper ↗
Q01.5
The whole paper ↗![June 2022 Paper 2, question 01.5: To what extent does the information provided suggest that now is a good time to launch a new brand of tea? [16 marks] 0 1 Read the information below and then an](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71322-jun22-01-5-qp.webp)
![June 2022 AS Paper 1, question 04: Sales revenue will stay the same if: [1 mark] A prices rise by 5% and the price elasticity of demand is 0 B prices rise by 10% and the price elasticity of deman](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun22-04-qp.webp)
![June 2022 AS Paper 1, question 09: Which of the following formulae measures market growth in 2021? [1 mark] A Market sales in 2020 – Market sales in 2021 Market sales in 2021 × 100 B Market sales](https://pub-e8a9dbab8e2a4d089f52b2a45e0d0b50.r2.dev/bank/71311-jun22-09-qp.webp)
All 29 questions on Understanding markets and customers, as a list
- June 2025, Paper 1, Q22 (25 marks): The marketing department of a business wishes to increase its market share in a growing market. To what extent is market research the most important activity of
- June 2025, AS Paper 1, Q10 (1 mark): Figure 2 shows a company’s sales forecast for 2026. Figure 2 Which of the following statements is true? [1 mark] A The probability that sales in 2026 will be be
- June 2025, AS Paper 2, Q01 (3 marks): Using the data in Figure 1, calculate the percentage change in sales revenue from 2022 to 2024. [3 marks] Hoods Ltd Hoods Ltd designs, manufactures and sells ho
- June 2024, Paper 1, Q07 (1 mark): Assuming no other changes, sales revenue for a product will stay the same if: [1 mark] A incomes rise by 10% and the income elasticity of demand for the product
- June 2024, AS Paper 1, Q10 (1 mark): Company X has a 40% market share. The market size declines by 20%. There are no other changes. Company X’s market share now is: [1 mark] A 32% B 48% C 50% D 60%
- June 2024, AS Paper 1, Q14 (4 marks): A business sells one type of product. The demand for this product has an income elasticity of +4. Explain the impact on the revenue of this business if the inco
- June 2024, AS Paper 1, Q17.2 (16 marks): Recommend whether Refurb-iture Ltd should choose garden furniture or office furniture for its expansion. Justify your answer. [16 marks] 1 7 Refurb-iture Ltd Ve
- June 2023, Paper 1, Q19 (9 marks): A company sells a single product: Product A. Table 2 Income and price elasticity of demand for Product A Income elasticity of demand +0.5 Price elasticity of de
- June 2023, Paper 2, Q03.1 (4 marks): Explain why APO’s survey findings may not represent the views of UK consumers. [4 marks] 0 3 Read the information below and then answer the questions that follo
- June 2023, AS Paper 1, Q13 (4 marks): The table below shows data for the market for a product in 2020. Business Sales (2020) Sales growth (2021) X £40 million 10% Y £100 million 50% Z £186 million 0
- June 2023, AS Paper 2, Q01 (3 marks): Figure 1: Global balloon market values 2020 2021 2022 $227 million $260 million $287 million The UK balloon market accounted for 25% of the global market in 202
- June 2023, AS Paper 2, Q03 (4 marks): The price elasticity of demand for BB’s products is –0.5. Explain one benefit to BB of operating in the market with this price elasticity of demand value. [4 ma
- June 2022, Paper 1, Q07 (1 mark): The owner of a business which sells hot drinks asks a focus group of customers for their views. This market research reveals that customers prefer to have cakes
- June 2022, Paper 1, Q08 (1 mark): A product’s price rises by 20% and its sales volume falls by 10%. All of its competitors leave their prices unchanged. The product’s market share, as measured b
- June 2022, Paper 2, Q01.1 (2 marks): What is meant by the term extrapolation? [2 marks] 0 1 Read the information below and then answer the questions that follow. The UK tea market Tea drinking in t
- June 2022, Paper 2, Q01.2 (3 marks): Using Appendix B, calculate the combined market share of the top four tea brands in 2019. [3 marks] 0 1 Read the information below and then answer the questions
- June 2022, Paper 2, Q01.4 (9 marks): A business sells two types of tea: black tea and health tea. Analyse how the data in Appendix C will affect how this business might change the price it charges
- June 2022, Paper 2, Q01.5 (16 marks): To what extent does the information provided suggest that now is a good time to launch a new brand of tea? [16 marks] 0 1 Read the information below and then an
- June 2022, AS Paper 1, Q04 (1 mark): Sales revenue will stay the same if: [1 mark] A prices rise by 5% and the price elasticity of demand is 0 B prices rise by 10% and the price elasticity of deman
- June 2022, AS Paper 1, Q09 (1 mark): Which of the following formulae measures market growth in 2021? [1 mark] A Market sales in 2020 – Market sales in 2021 Market sales in 2021 × 100 B Market sales
- June 2022, AS Paper 1, Q16.2 (16 marks): Rockall plans to increase investment in just one of its new product ranges. Advise Rockall whether to increase investment in its sports shoe range or its jewell
- June 2022, AS Paper 2, Q04 (9 marks): Analyse the impact on VeganLife Ltd of basing its decision to enter the men’s toiletries market on primary market research. [9 marks] VeganLife Ltd VeganLife Lt
- November 2021, Paper 1, Q15 (1 mark): Statement 1: ‘A prediction based on a strong, negative correlation will have a higher confidence level than one based on a weak, positive correlation.’ Statemen
- November 2021, Paper 1, Q18 (9 marks): A business decides to increase the price of a product in order to improve its profit. Analyse how the success of this decision is affected by the product’s pric
- November 2020, Paper 1, Q14 (1 mark): Statement 1: ‘Usually there is a negative correlation between changes in consumers’ incomes and changes in the quantity demanded of a product.’ Statement 2: ‘Us
- November 2020, Paper 1, Q15 (1 mark): A business sells four products. The table below shows the price elasticity of demand and income elasticity of demand for the four products. Product Price elasti
- November 2020, Paper 2, Q03.3 (9 marks): The price elasticity of demand for Zani PLC’s products has a value of –0.4. Analyse reasons why the price elasticity of demand for Zani PLC’s products might hav
- November 2020, AS Paper 1, Q02 (1 mark): A supplier asks 200 consumers to explain why they like its products. The supplier passes their responses on to a retailer. For the retailer this is an example o
- November 2020, AS Paper 2, Q02 (4 marks): The income elasticity of demand for Parkside Theatre cinema tickets is +1.5. Explain why this information is important for Parkside Theatre. [4 marks] Parkside
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