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Information failure: OCR A‑Level Economics questions

Every OCR A-Level Economics exam question on 2.9 Information failure, 2021–2025, with its mark scheme and examiner’s report.

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478 questions

  1. Q1(a)(ii)

    June 2025 · Paper 1

    The whole paper ↗
    June 2025 Paper 1, question 1(a)(ii): Using information from the stimulus material, explain the term information failure. [2]
  2. Q4

    June 2024 · Paper 1

    The whole paper ↗
    June 2024 Paper 1, question 4: 4* In May 2023, NHS waiting lists for routine hospital treatment rose to 7.42 m, the highest figure since records began in 2007. Evaluate whether healthcare sho
  3. Q20

    June 2024 · Paper 3

    The whole paper ↗
    June 2024 Paper 3, question 20: Moral hazard is a situation where: A Buyers and sellers have different information which results in market failure B Firms or households are more likely to take
    Your answer
  4. Q22

    June 2023 · Paper 3

    The whole paper ↗
    June 2023 Paper 3, question 22: An individual renting a car for a week’s holiday can pay a premium of £85 to the car rental company. If they damage the car during the rental period they do not
    Your answer
  5. Q24

    June 2022 · Paper 3

    The whole paper ↗
    June 2022 Paper 3, question 24: Kai purchases a second-hand car for £12 000. However, they only derive £7000 utility from the car during the five years that they own it. What is likely to have
    Your answer
  6. Q33

    November 2021 · Paper 3

    The whole paper ↗
    November 2021 Paper 3, question 33: Evaluate, using an appropriate diagram(s), whether unhealthy food is a demerit good. [8]
All 6 questions on Information failure, as a list
  1. June 2025, Paper 1, Q1(a)(ii) (2 marks): Using information from the stimulus material, explain the term information failure. [2]
  2. June 2024, Paper 1, Q4 (25 marks): 4* In May 2023, NHS waiting lists for routine hospital treatment rose to 7.42 m, the highest figure since records began in 2007. Evaluate whether healthcare sho
  3. June 2024, Paper 3, Q20 (1 mark): Moral hazard is a situation where: A Buyers and sellers have different information which results in market failure B Firms or households are more likely to take
  4. June 2023, Paper 3, Q22 (1 mark): An individual renting a car for a week’s holiday can pay a premium of £85 to the car rental company. If they damage the car during the rental period they do not
  5. June 2022, Paper 3, Q24 (1 mark): Kai purchases a second-hand car for £12 000. However, they only derive £7000 utility from the car during the five years that they own it. What is likely to have
  6. November 2021, Paper 3, Q33 (8 marks): Evaluate, using an appropriate diagram(s), whether unhealthy food is a demerit good. [8]

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