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How markets and prices allocate resources: AQA A‑Level Economics questions

Every AQA A-Level Economics exam question on 4.1.8.1 How markets and prices allocate resources, 2020–2025, with its mark scheme and examiner’s report.

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686 questions

  1. Q18

    June 2025 · AS Paper 1

    The whole paper ↗
    June 2025 AS Paper 1, question 18: Following a period of unusually cold weather, growers find that many of their tomato plants have been destroyed, reducing the supply of tomatoes. As a result of
  2. Q01

    June 2024 · AS Paper 1

    The whole paper ↗
    June 2024 AS Paper 1, question 01: Which one of the following is a function of prices in a market economy? [1 mark] A Allocating resources to the production of public goods B Ensuring that the di
  3. Q09

    June 2022 · Paper 1

    The whole paper ↗
    June 2022 Paper 1, question 09: Explain how the price mechanism allocates resources in a market economy. [15 marks] Essay 1 The government has promised that everyone will be able to access sup
  4. Q14

    June 2022 · AS Paper 1

    The whole paper ↗
    June 2022 AS Paper 1, question 14: The price mechanism allocates resources by A allowing prices to rise and ration demand when there is a surplus in the production of a good. B preventing firms w
  5. June 2022 AS Paper 1, question 26: Extract C (line 9) states: ‘When people pay according to quantity used, they are less likely to be wasteful’. Use the extracts and your knowledge of economics t
All 5 questions on How markets and prices allocate resources, as a list
  1. June 2025, AS Paper 1, Q18 (1 mark): Following a period of unusually cold weather, growers find that many of their tomato plants have been destroyed, reducing the supply of tomatoes. As a result of
  2. June 2024, AS Paper 1, Q01 (1 mark): Which one of the following is a function of prices in a market economy? [1 mark] A Allocating resources to the production of public goods B Ensuring that the di
  3. June 2022, Paper 1, Q09 (15 marks): Explain how the price mechanism allocates resources in a market economy. [15 marks] Essay 1 The government has promised that everyone will be able to access sup
  4. June 2022, AS Paper 1, Q14 (1 mark): The price mechanism allocates resources by A allowing prices to rise and ration demand when there is a surplus in the production of a good. B preventing firms w
  5. June 2022, AS Paper 1, Q26 (25 marks): Extract C (line 9) states: ‘When people pay according to quantity used, they are less likely to be wasteful’. Use the extracts and your knowledge of economics t

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