EDEXCEL A LEVEL 2023 ECONOMICS A 9EB0 QUESTION PAPER 1

E
STRIP OFF
IOTHIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGE STRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP
N
OFF THIS PAGESTRIP OFF THIS PAGE STRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGE STRIP OFF THIS PAGESTRIP OFF
ED
20
THIS PAGESTRIP OFF
23 THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS
PAGE STRIP OFF THIS
F PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGESTRIP OFF THIS PAGE
EX
CE
L
J AN
M UN D
AR E A
KS 20 LE
IS
CH 23 VE
IO
L
N
EM M
E A


EDEXCEL
EL




EDEXCEL A LEVEL 2023MAY
PF
U
L
R




ECONOMICS
ED EV



JUNE
EX
A 9EB0
C2
R 023
EL
H EV FO

MARKSCHEME
EL IS R
J U
AS
PF IO H
2023
AS AND A LEVEL

M N A U N 2 EL
L
R 02 PFU
AR E N
EV 3F L
KS 20 D AIS OR R
IO H EV
CH 23 LE N E IS
LP IO
QUESTION PAPER 1.pdf




EM VE FU N
L L 20
E M R 2F
EV O
IS R
IO HE
AY

, Please check the examination details below before entering your candidate information
Candidate surname Other names


Centre Number Candidate Number




Pearson Edexcel Level 3 GCE
Thursday 18 May 2023
Morning (Time: 2 hours) Paper
reference 9EB0/01
Economics B  


Advanced
PAPER 1: Markets and how they work

You do not need any other materials. Total Marks




Instructions
•• Use black ink or ball-point pen.
Fill in the boxes at the top of this page with your name,
centre number and candidate number.
•• Answer all questions.
Answer the questions in the spaces provided
– there may be more space than you need.

Information
•• The total mark for this paper is 100.
The marks for each question are shown in brackets
– use this as a guide as to how much time to spend on each question.
• Calculators may be used.
Advice
•• Read each question carefully before you start to answer it.
Try to answer every question.
• Check your answers if you have time at the end.

Turn over


P72977A
©2023 Pearson Education Ltd.
N:1/1/1
*P72977A0128*

, Answer ALL questions.
SECTION A




DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Read the following extracts (A–E) before answering Question 1.
Write your answers in the spaces provided.
Extract A
Competition watchdog to review UK music industry over power of big firms
The competition watchdog, the Competition and Markets Authority (CMA), is launching
a review of the UK music industry. This will address concerns about the power of big
music firms and ensure that the music industry is competitive, thriving and works in the
interests of the consumer. 5

Andrea Coscelli, chief executive of the CMA, said: “Over the past decade, the music
industry has evolved almost beyond recognition, with streaming now accounting for
more than 80% of all music listened to in the UK. Whether you are into Bowie, Beethoven
or Beyoncé, most of us now choose to stream our favourite music. A market study will
help us to understand these radical changes and build a view as to whether competition 10
in this industry is working well or whether further action needs to be taken.”
Music firms have argued that competition remains fierce in the UK music industry, which
has produced global artists such as Adele, Ed Sheeran and Coldplay, while many lesser
known British artists are thriving in the streaming age.
The rise of streaming platforms, such as Spotify and Apple Music, has triggered an 15
international debate over who benefits from the money generated by the boom in
digital music.
(Source: adapted from https://www.ft.com/content/1399b213-df27-46a5-902b-
41842a1cab8b/)




2
*P72977A0228* 