1.
Study the picture below and answer the questions which follow.
(
a
)
Identify
one
example of each of the following:
(i)
a natural resource;
(ii)
a human resource;
(iii)
a man-made resource.
(
b
)
In the UK, private firms provide some services and the Government
provides other services. What is the name given to this type of
economy?
Tick the correct box.
Planned/Command economy
Free market economy
Mixed economy

1.
(continued)
(
c
) Suggest
2
economic benefits to the local community of the new cinema.
1
2
(
d
) What type of spending is the building of the new cinema complex?
Tick the correct box.
Current Spending
Capital Spending
(
e
)
(i)
From the picture, identify
2
costs to MovieWorld’s owners.
1
2
(ii)
Describe
2
ways MovieWorld’s owners could increase their
revenue.
1
2
Page three

2.
Mell plc is a company that manufactures and sells laptop computers.
Study the diagram below and answer the questions which follow.
(
a
)
(i)
Calculate the change in demand for Mell laptop computers
between 2008 and 2012.
Answer:
Show your working here.
(ii)
Suggest
one
reason for the change in demand for Mell laptops
identified in (
a
)(i).
(
b
)
(i)
What is likely to happen to the
price
of Mell laptops as a result of
the change in demand shown in the diagram?
Tick the correct box.
Increase
Decrease
(ii)
What is likely to happen to the
supply
of Mell laptops as a result
of the change in demand shown in the diagram?
Tick the correct box.
Increase
Decrease
Demand for Mell plc Laptop Computers
Key
2008
2012
= 100
000
Laptop
Computers

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