plumiPrice: OCR GCSE Economics questions
Every OCR GCSE Economics exam question on 2.4 Price, 2021–2025, with its mark scheme and examiner’s report.
Paper
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Calculations
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Q22(b)
The whole paper ↗0 wordsQ23(c)
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Q21(c)
The whole paper ↗0 wordsQ21(d)(i)
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Q21(b)
The whole paper ↗0 wordsQ21(c)
The whole paper ↗0 wordsQ21(d)(i)
The whole paper ↗0 wordsQ22(b)
The whole paper ↗0 wordsQ23(a)
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All 27 questions on Price, as a list
- June 2025, Paper 1, Q10 (1 mark): The diagram shows the demand and supply for apples. Price S P1 D 0 Quantity If the price is currently P1 what would be the most likely result? A Equilibrium pri
- June 2025, Paper 1, Q12 (1 mark): In a market where demand and prices are falling this means that fewer resources are needed. This is an example of price acting as both A a reflection of worth a
- June 2025, Paper 1, Q22(b) (2 marks): Explain the role of the market in determining equilibrium price and quantity. [2]
- June 2025, Paper 1, Q23(c) (6 marks): Using a diagram, analyse the effect of the spread of the Asian Hornet on the equilibrium price and quantity of food. [6]
- June 2024, Paper 1, Q11 (1 mark): Shops usually hold a ‘cut price’ sale of goods because the original price was A above the equilibrium price B at the equilibrium price C below the equilibrium p
- June 2024, Paper 1, Q12 (1 mark): Farmers have started to produce more organic vegetables. They have found that many people are willing to pay a high price for organic vegetables. This increased
- June 2024, Paper 1, Q13 (1 mark): The diagram shows the market for houses in Plumgarth in 2023. S Price p p1 D 0 Quantity If the price of houses decreases from p to p1 which of these statements
- June 2024, Paper 1, Q17 (1 mark): If the price of olive oil increases consumers are likely to demand less. This shows A an efficient working of the market as consumers respond to price signals B
- June 2024, Paper 1, Q21(c) (6 marks): Using a diagram, analyse how the market forces of demand and supply can affect the price that consumers pay for petrol. [6]
- June 2024, Paper 1, Q21(d)(i) (2 marks): Explain the trend in the price of petrol between January 2022 and July 2022. [2]
- June 2023, Paper 1, Q13 (1 mark): What is most likely to cause a decrease in the price of carrots? A A decrease in the demand for substitutes of carrots B An increase in the demand for complemen
- June 2023, Paper 1, Q14 (1 mark): The price of a good is most likely to fall when A demand and supply both decrease B demand and supply both increase C demand decreases and supply increases D de
- June 2023, Paper 1, Q21(b) (2 marks): Explain what happened to house prices between June 2021 and July 2021. [2]
- June 2023, Paper 1, Q21(c) (6 marks): Using a diagram, analyse how growing demand for houses may lead to a large increase in house prices. [6]
- June 2023, Paper 1, Q21(d)(i) (2 marks): Explain one factor that may cause more resources to be allocated to a particular market. [2]
- June 2023, Paper 1, Q22(b) (2 marks): Explain what Nina and Leo mean by equilibrium price and quantity. [2]
- June 2023, Paper 1, Q23(a) (2 marks): One role fulfilled by prices in an economy is to act as a signalling mechanism. Explain one other role fulfilled by prices in an economy. [2]
- June 2023, Paper 1, Q23(b) (2 marks): Explain how a free market may respond to excess supply. [2]
- June 2022, Paper 1, Q3 (1 mark): Prices change to show where resources are needed. This process is called A efficiency B rationing C signalling D transmission of preferences [1]
- June 2022, Paper 1, Q4 (1 mark): Which of the following is the best explanation of equilibrium price and quantity? A Price is the interaction of demand and supply to set the quantity B Price is
- June 2022, Paper 1, Q9 (1 mark): Which of the following is the best explanation of the difference between price and worth? A Price is determined by the interaction of demand and supply whereas
- June 2022, Paper 1, Q15 (1 mark): Excess demand is corrected in a market by changes in A price B quantity C resource allocation D taxes [1]
- June 2022, Paper 1, Q21(c) (6 marks): Using a diagram, analyse how a rise in consumer income could affect the market price and quantity of Periff Construction Ltd’s products. [6]
- June 2022, Paper 1, Q23(c) (6 marks): Analyse the effect of market forces on the price and quantity sold at Tom’s business. [6]
- November 2021, Paper 1, Q6 (1 mark): Price Supply p1 Demand q1 0 Quantity The diagram shows the market supply and demand curves for a good. If there is a decrease in supply, how will this affect th
- November 2021, Paper 1, Q10 (1 mark): A feature of an efficient market is that A any costs of environmental damage are met equally by all consumers B firms are unable to make any profit C the prices
- November 2021, Paper 1, Q22(c) (6 marks): Using a diagram, analyse how the market forces of demand and supply could affect the equilibrium price and quantity of airline flights for passengers at Northli
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