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Business objectives: Edexcel A‑Level Economics A questions

Every Edexcel A-Level Economics A exam question on 3.2.1 Business objectives, 2016–2025, with its mark scheme and examiner’s report.

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784 questions

  1. Q1(a)

    June 2025 · Paper 1

    4 marks3.2.1 Business objectives
    The whole paper ↗
    June 2025 Paper 1, question 1(a): Calculate the change in total supernormal profit if the restaurant changes its objective from revenue maximisation to profit maximisation. You are advised to sh

  2. Q3(a)

    June 2024 · Paper 1

    4 marks3.2.1 Business objectives
    The whole paper ↗
    June 2024 Paper 1, question 3(a): Draw a cost and revenue diagram to illustrate the different business objectives: profit maximisation and revenue maximisation. (4) 3 Peloton is a firm which mak

  3. Q3(b)

    June 2024 · Paper 1

    1 mark3.2.1 Business objectives
    The whole paper ↗
    June 2024 Paper 1, question 3(b): If Peloton changes its objective to sales maximisation, then without making a loss, it operates at an output where: (1) A average cost equals average revenue B

  4. Q6(c)

    June 2022 · Paper 1

    10 marks3.2.1 Business objectives
    The whole paper ↗
    June 2022 Paper 1, question 6(c): Profit maximisation is assumed to be the business objective of most firms. With reference to Extract A, assess whether this is the case for coffee shop owners.

  5. Q4(c)

    November 2021 · Paper 1

    1 mark3.2.1 Business objectives
    The whole paper ↗
    November 2021 Paper 1, question 4(c): Which one of the following conditions is necessary for revenue maximisation to occur? (1) A Average revenue equals average cost B Average revenue equals margina

  6. Q4(a)

    June 2018 · Paper 1

    4 marks3.2.1 Business objectives
    The whole paper ↗
    June 2018 Paper 1, question 4(a): Calculate the change in total supernormal profit if Emily changes her objective from profit maximisation to revenue maximisation. You are advised to show your w

  7. Q4(b)

    June 2018 · Paper 1

    1 mark3.2.1 Business objectives
    The whole paper ↗
    June 2018 Paper 1, question 4(b): Emily now decides to change her objective from revenue maximisation to sales maximisation. This change will lead to: (1) A a decrease in the number of customers

  8. Q8

    June 2017 · Paper 1

    25 marks3.2.1 Business objectives
    The whole paper ↗
    June 2017 Paper 1, question 8: ‘Revenue maximisation is a more realistic business objective than profit maximisation for many businesses.’ To what extent do you agree with this statement? Ref
All 8 questions on Business objectives, as a list
  1. June 2025, Paper 1, Q1(a) (4 marks): Calculate the change in total supernormal profit if the restaurant changes its objective from revenue maximisation to profit maximisation. You are advised to sh
  2. June 2024, Paper 1, Q3(a) (4 marks): Draw a cost and revenue diagram to illustrate the different business objectives: profit maximisation and revenue maximisation. (4) 3 Peloton is a firm which mak
  3. June 2024, Paper 1, Q3(b) (1 mark): If Peloton changes its objective to sales maximisation, then without making a loss, it operates at an output where: (1) A average cost equals average revenue B
  4. June 2022, Paper 1, Q6(c) (10 marks): Profit maximisation is assumed to be the business objective of most firms. With reference to Extract A, assess whether this is the case for coffee shop owners.
  5. November 2021, Paper 1, Q4(c) (1 mark): Which one of the following conditions is necessary for revenue maximisation to occur? (1) A Average revenue equals average cost B Average revenue equals margina
  6. June 2018, Paper 1, Q4(a) (4 marks): Calculate the change in total supernormal profit if Emily changes her objective from profit maximisation to revenue maximisation. You are advised to show your w
  7. June 2018, Paper 1, Q4(b) (1 mark): Emily now decides to change her objective from revenue maximisation to sales maximisation. This change will lead to: (1) A a decrease in the number of customers
  8. June 2017, Paper 1, Q8 (25 marks): ‘Revenue maximisation is a more realistic business objective than profit maximisation for many businesses.’ To what extent do you agree with this statement? Ref

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