Skip to content

Course home

Sign up

1.5 Competitive and concentrated markets

EasyMediumHard
12345678910111213141516171819202122232425
Question 21

Table 1 shows two weekly job offers. Percentage deductions are taken from gross pay. The worker must also pay the stated travel cost.

JobHourly payPaid hoursDeductionsTravel cost
X£153810%£20
Y£144015%£14

Using Table 1, which job leaves the worker with more money after deductions and travel, and by how much?

[1]
A

Job X by £31

B

Job X by £51

C

Job Y by £31

D

Job Y by £51

Markscheme

1.5 Competitive and concentrated markets Questions

  1. GCSE
  2. /Economics
  3. /1.5 Competitive and concentrated markets

149 exam-style questions on AQA GCSE Economics 1.5 Competitive and concentrated markets, covering 1.5.1a The range of market structures, 1.5.1b Distinguishing between market structures, 1.5.2a Characteristics of a competitive market, 1.5.2b How producers operate in competitive markets, 1.5.2c The economic impact of competition, 1.5.3a Characteristics of a non-competitive market, 1.5.3b How producers operate in non-competitive markets, 1.5.3c Monopoly and oligopoly, 1.5.4a The labour market and wage determination, and 1.5.4b Gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.

Question bank