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  • PEARSON (PEARSON)
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  • Unit 3 - Business behaviour and the labour market
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3.5-Labour Market- A level Economics Edexcel Exam Questions

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Unit 3 - Business behaviour and the labour market
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Memorsing content can only take you so far, so use exam questions effectively to prepare yourself for the actual exam. This document will help you do so, it contains a mix of exam style questions with extract/sources just like the real exam. The marks are for AS level but you can just as easily use it in your A level since the content assessed will be the same, eg an AS 20 Marker is equivalent to an A level 25 Marker.

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UNIT ASSESSMENT




Edexcel A Level
Economics (A)
Unit Assessment

3.5 Labour Markets
(Edition 1)

Time: 70 minutes
Maximum marks: 50




Name


Centre Name

, Edexcel A Level Economics (A)
Unit Assessment – 3.5 Labour Markets

Section A
ANSWER ALL THE QUESTIONS


1a Which of these factors would NOT be associated with wage elastic supply of labour?

A A low-skilled job o
B High unemployment in the economy o
C A job with a long training period o
D A job in which workers are motivated only by pay o
(1 mark)


1b Explain why a business for which labour costs are a low proportion of their total costs will have
relatively inelastic demand for labour.
(3 marks)




1c In 2016, the falling price of oil resulted in oil company Shell cutting 475 jobs in its North Sea oil
production facilities. Explain, using labour market theory, why the company would do this.
(4 marks)




Page 2 Edexcel A Level Economics (A) Unit Assessment www.tutor2u.net/economics

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