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Equilibrium price: AQA GCSE Economics questions

AQA GCSE Economics past-paper questions on 3.1.3.3 Equilibrium price, 2020–2025, with mark schemes and examiner’s reports where available.

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336 questions

  1. Q13

    June 2025 · Paper 1

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  2. Q20

    June 2024 · Paper 1

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  3. Q23

    June 2024 · Paper 1

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  4. Q25

    June 2024 · Paper 1

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  5. Q1

    June 2023 · Paper 1

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  6. Q10

    June 2023 · Paper 1

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  7. Q20

    June 2023 · Paper 1

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  8. Q13

    June 2022 · Paper 1

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  9. Q20

    June 2022 · Paper 1

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  10. Q10

    November 2021 · Paper 1

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  11. Q4

    November 2020 · Paper 1

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  12. Q19.1

    November 2020 · Paper 1

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  13. Q19.2

    November 2020 · Paper 1

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  14. Q20

    November 2020 · Paper 1

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All 14 questions on Equilibrium price, as a list
  1. June 2025, Paper 1, Q13 (2 marks): 1 3 Explain one possible reason for a decrease in the equilibrium price of televisions. [2 marks]
  2. June 2024, Paper 1, Q20 (3 marks): 2 0 Draw and label demand and supply curves on the graph below from the following table of information. Clearly identify the equilibrium price and quantity. [3
  3. June 2024, Paper 1, Q23 (3 marks): 2 3 Using Figure 3, on page 17, calculate the percentage change in the UK average house price index between April 2017 and April 2022. Give your answer to the n
  4. June 2024, Paper 1, Q25 (6 marks): 2 5 Explain two possible disadvantages of housing shortages in the UK. [6 marks]
  5. June 2023, Paper 1, Q1 (1 mark): Which of the following best describes the equilibrium price in a market? [1 mark]
  6. June 2023, Paper 1, Q10 (1 mark): 100 100 75 125 125 50 150 What is the excess supply at a price of £100 per tonne? [1 mark]
  7. June 2023, Paper 1, Q20 (3 marks): 2 0 Draw and label the effects of an increase in the price of petrol cars on the market for petrol. [3 marks]
  8. June 2022, Paper 1, Q13 (2 marks): 1 3 Explain one factor that may lead to an increase in the equilibrium price of carpets. [2 marks]
  9. June 2022, Paper 1, Q20 (3 marks): 2 0 Draw and label the effects on equilibrium price and quantity of an increase in wage costs within a market. [3 marks]
  10. November 2021, Paper 1, Q10 (1 mark): 1 0 Figure 1 shows the quantities of tea supplied and demanded at various prices. Figure 1 What is the excess supply at a price of £40 per kg? [1 mark]
  11. November 2020, Paper 1, Q4 (1 mark): Equilibrium price in a market is best defined as the price at which: [1 mark]
  12. November 2020, Paper 1, Q19.1 (2 marks): 1 9 . 1 Using Figure 3, calculate the percentage increase in the average UK house price between December 2010 and December 2018. Give your answer to one decimal
  13. November 2020, Paper 1, Q19.2 (2 marks): 1 9 . 2 Explain one possible reason for the increase in the average UK house price between December 2010 and December 2018. [2 marks]
  14. November 2020, Paper 1, Q20 (3 marks): Draw and label a supply and demand diagram to show the effects of bad weather on 2 0 the equilibrium price and quantity of coffee beans. [3 marks]

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