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Market imperfections: AQA A‑Level Economics questions

Every AQA A-Level Economics exam question on 4.1.8.6 Market imperfections, 2020–2025, with its mark scheme and examiner’s report.

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686 questions

  1. Q14

    June 2025 · AS Paper 1

    1 mark4.1.8.6 Market imperfections
    The whole paper ↗
    June 2025 AS Paper 1, question 14: Which one of the following is the best example of a situation where there is asymmetric information? [1 mark] A A firm operating in perfect competition B A sell

  2. Q09

    June 2024 · Paper 1

    15 marks4.1.8.6 Market imperfections4.1.2.2 Imperfect information
    The whole paper ↗
    June 2024 Paper 1, question 09: Explain why imperfect and asymmetric information may lead to market failure in the market for food. [15 marks] Essay 1 In the UK, 64% of the population are cons

  3. Q30

    June 2022 · Paper 3

    1 mark4.1.8.6 Market imperfections
    The whole paper ↗
    June 2022 Paper 3, question 30: Unemployed workers in the south of a country are unable to take up jobs in the north of the country due to higher housing costs. This is an example of [1 mark]

  4. Q18

    June 2022 · AS Paper 1

    1 mark4.1.8.6 Market imperfections
    The whole paper ↗
    June 2022 AS Paper 1, question 18: A firm that is a pure monopoly can result in market failure because A consumers lack information on alternative suppliers. B products will be identical. C the f

  5. Q13

    November 2020 · Paper 1

    4.1.8.6 Market imperfections4.1.2.2 Imperfect information
    The whole paper ↗
    November 2020 Paper 1, question 13: Explain why imperfect information can lead to market failure. [15 marks] Essay 3 In December 2018, the Competition and Markets Authority (CMA) announced a range

  6. Q12

    November 2020 · AS Paper 1

    1 mark4.1.8.5 Merit and demerit goods4.1.8.6 Market imperfections
    The whole paper ↗
    November 2020 AS Paper 1, question 12: Figure 3 shows the market demand (D1) and supply (S) of loft insulation material. If consumers have full information about the benefits of insulating their loft
All 6 questions on Market imperfections, as a list
  1. June 2025, AS Paper 1, Q14 (1 mark): Which one of the following is the best example of a situation where there is asymmetric information? [1 mark] A A firm operating in perfect competition B A sell
  2. June 2024, Paper 1, Q09 (15 marks): Explain why imperfect and asymmetric information may lead to market failure in the market for food. [15 marks] Essay 1 In the UK, 64% of the population are cons
  3. June 2022, Paper 3, Q30 (1 mark): Unemployed workers in the south of a country are unable to take up jobs in the north of the country due to higher housing costs. This is an example of [1 mark]
  4. June 2022, AS Paper 1, Q18 (1 mark): A firm that is a pure monopoly can result in market failure because A consumers lack information on alternative suppliers. B products will be identical. C the f
  5. November 2020, Paper 1, Q13 (15 marks): Explain why imperfect information can lead to market failure. [15 marks] Essay 3 In December 2018, the Competition and Markets Authority (CMA) announced a range
  6. November 2020, AS Paper 1, Q12 (1 mark): Figure 3 shows the market demand (D1) and supply (S) of loft insulation material. If consumers have full information about the benefits of insulating their loft

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