AS Paper 1, June 2022Introduction to Markets and Market Failure

AS Paper 1, June 2022, Q6(e)

Discuss the likely impacts on an economy of specialising in the fishing industry. Use a production possibility frontier diagram in your answer.

Data responseDiscuss15 marks

Case study

The market for fish

Original diagram required. See the original question paper for the diagram.

Specification topics

Specialisation and the division of labourProduction possibility frontiers

Revision notes

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