Exam (elaborations) Pearson Edexcel Level 3 GCE

Economics paper1

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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
centre number and candidate number.

• provided – there may be more space
• Answer
your all
name,
Answer the questions in the spaces
questions.
than you need.

Information

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



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P84930A
©2025 Pearson Education Ltd.
Y:1/1/1/

Economics paper1

, Answer ALL questions.

SECTION A




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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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, (b) Using a supply and demand diagram, illustrate the impact on
the market for rail travel from a decrease in bus fares.
(4)
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3
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