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Revenue and profit: OCR A‑Level Economics questions

Every OCR A-Level Economics exam question on 3.3 Revenue and profit, 2021–2025, with its mark scheme and examiner’s report.

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478 questions

  1. Q8

    June 2025 · Paper 3

    The whole paper ↗
    June 2025 Paper 3, question 8: The diagram shows the price of the good increase from P to P1. Price B P1 C A P D O Q1Q Quantity What is the change in the total revenue for the firm? A C B A B
    Your answer
  2. Q13

    June 2025 · Paper 3

    The whole paper ↗
    June 2025 Paper 3, question 13: A firm increases the price of the good from £5 to £6. Price Quantity Demanded £3 10 £4 9 £5 8 £6 7 £7 6 What is the marginal revenue as a result of this price c
    Your answer
  3. Q22

    June 2025 · Paper 3

    The whole paper ↗
    June 2025 Paper 3, question 22: A teacher leaves their £40 000 per year job to start a business. In the first year the business makes £80 000 in revenue and incurs costs of £50 000. The teache
    Your answer
  4. Q4

    June 2022 · Paper 3

    The whole paper ↗
    June 2022 Paper 3, question 4: What is the relationship between accounting and economic profit? A Accounting profit will be equal to economic profit B Accounting profit will be larger than ec
    Your answer
  5. Q1(a)

    November 2021 · Paper 1

    The whole paper ↗
    November 2021 Paper 1, question 1(a): Refer to line 11. Calculate, using information from the stimulus material, the average cost of a seat on an easyJet plane in 2018. [2]
  6. Q20

    November 2021 · Paper 3

    The whole paper ↗
    November 2021 Paper 3, question 20: A zoo charges £29.17 + VAT (payable at 20%) for admission, giving a total price of £35. The monthly running costs of the zoo are £675 000, with 30 000 visitors
    Your answer
All 6 questions on Revenue and profit, as a list
  1. June 2025, Paper 3, Q8 (1 mark): The diagram shows the price of the good increase from P to P1. Price B P1 C A P D O Q1Q Quantity What is the change in the total revenue for the firm? A C B A B
  2. June 2025, Paper 3, Q13 (1 mark): A firm increases the price of the good from £5 to £6. Price Quantity Demanded £3 10 £4 9 £5 8 £6 7 £7 6 What is the marginal revenue as a result of this price c
  3. June 2025, Paper 3, Q22 (1 mark): A teacher leaves their £40 000 per year job to start a business. In the first year the business makes £80 000 in revenue and incurs costs of £50 000. The teache
  4. June 2022, Paper 3, Q4 (1 mark): What is the relationship between accounting and economic profit? A Accounting profit will be equal to economic profit B Accounting profit will be larger than ec
  5. November 2021, Paper 1, Q1(a) (2 marks): Refer to line 11. Calculate, using information from the stimulus material, the average cost of a seat on an easyJet plane in 2018. [2]
  6. November 2021, Paper 3, Q20 (1 mark): A zoo charges £29.17 + VAT (payable at 20%) for admission, giving a total price of £35. The monthly running costs of the zoo are £675 000, with 30 000 visitors

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