Please check the examination details below before entering your candidate information
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 12 May 2025
Morning (Time: 2 hours) Paper
reference 9EB0/01
Economics B
Advanced
PAPER 1: Markets and how they work
You must have: Total Marks
Source Booklet (enclosed)
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
P84930A
©2025 Pearson Education Ltd.
Y:1/1/1/
*P84930A0120*
, Answer ALL questions.
SECTION A
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Read Extracts A–F in the Source Booklet before answering Question 1.
Write your answers in the spaces provided.
1 (a) Explain one benefit to train operating companies (TOCs) of leasing the trains.
(4)
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2
*P84930A0220*
, (b) Using a supply and demand diagram, illustrate the impact on the market for
rail travel from a decrease in bus fares.
(4)
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
3
*P84930A0320* Turn over
Candidate surname Other names
Centre Number Candidate Number
Pearson Edexcel Level 3 GCE
Monday 12 May 2025
Morning (Time: 2 hours) Paper
reference 9EB0/01
Economics B
Advanced
PAPER 1: Markets and how they work
You must have: Total Marks
Source Booklet (enclosed)
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
P84930A
©2025 Pearson Education Ltd.
Y:1/1/1/
*P84930A0120*
, Answer ALL questions.
SECTION A
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
Read Extracts A–F in the Source Booklet before answering Question 1.
Write your answers in the spaces provided.
1 (a) Explain one benefit to train operating companies (TOCs) of leasing the trains.
(4)
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . .. .. .. .. .. .. .. .. .. .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ............................................................................................................................................ ................ . . . . . . . . . . . . . . . . . . . .
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2
*P84930A0220*
, (b) Using a supply and demand diagram, illustrate the impact on the market for
rail travel from a decrease in bus fares.
(4)
DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA DO NOT WRITE IN THIS AREA
3
*P84930A0320* Turn over
