PAPER MERGED WITH MARK SCHEME
vincent marekia
[COMPANY NAME] [Company address]
, 1
Do not write
outside the
box
AS
ECONOMICS 7135/1ACTUAL 2025 PAPER
MERGED WITH MARK SCHEME
Paper 1 The Operation of Markets and Market Failure
Please write clearly in block capitals.
Centre number Candidate number
Surname
Forename(s)
Candidate signature
I declare this is my own work.
AS
ECONOMICS
Paper 1 The Operation of Markets and Market Failure
Tuesday 13 May 2025 Morning Time allowed: 1 hour 30 minutes
For Examiner’s Use
Section Mark
A
Turn over ►
IB/M/Jun25/71351/1
, 2
Do not write
outside the
Materials B
For this paper you must have:
• the Insert • a calculator. TOTAL
Instructions
• Use black ink or black ball-point pen. Pencil should only be used for drawing.
• Fill in the boxes at the top of this page.
• Answer all questions in Section A.
• Answer either Context 1 or Context 2 in Section B.
• You will need to refer to the Insert provided to answer Section B.
• You must answer the questions in the spaces provided. Do not write outside
the box around each page or on blank pages.
• If you need extra space for your answer(s), use the lined pages at the end of
this book. Write the question number against your answer(s).
• Do all rough work in this book. Cross through any work you do not want to be
marked.
Information
• The maximum mark for this paper is 70.
• The marks for questions are shown in brackets.
• No deductions will be made for wrong answers.
*Jun257135101* 7135/1
IB/M/Jun25/G4003/V4
IB/M/Jun25/71351/1
, 3
Do not write
outside the
box
Section A
Answer all questions in this section.
Turn over ►
IB/M/Jun25/71351/1