Paper 2: AS Level Data Response and Essays · 9708/22

Cambridge International (CAIE) AS Paper 2, November 2025

All 14 written questions from Cambridge International (CAIE) AS Paper 2 (November 2025), AS Level Data Response and Essays. Case studies: How do we make sure cocoa bean farmers get paid a living…. Each question shows its marks and topic, and opens the question paper and mark scheme at the right page.

Question paper Mark scheme

Cambridge removed part of the case study text from the public paper for copyright reasons.

Section A

Case study

How do we make sure cocoa bean farmers get paid a living wage?

Q1(a)(i)Identify1 mark

Identify one possible reason for the value of price elasticity of demand (PED) for chocolate.

TopicPrice elasticity, income elasticity and cross elasticity of demand

Question paper p.3 Mark scheme p.10 Open in the tool

Q1(a)(ii)Calculate1 mark

Calculate the percentage change in the value of global sales of chocolate between 2017 and 2026, as shown in Table 1.1.

TopicThe interaction of demand and supply

Question paper p.3 Mark scheme p.10 Open in the tool

Q1(b)Demonstrate2 marks

With the help of a demand and supply diagram, demonstrate why cocoa bean prices continued to fall in 2023.

TopicThe interaction of demand and supply

Question paper p.3 Mark scheme p.10 Open in the tool Draw it: supply and demand diagram

Q1(c)Consider4 marks

Consider whether a buffer stock system controlled by the government of Ivory Coast would be likely to prevent fluctuations in the price of cocoa beans.

TopicMethods and effects of government intervention in markets

Question paper p.3 Mark scheme p.11 Open in the tool

Q1(d)Assess6 marks

Assess the extent to which the use of a minimum pricing policy would be the best way to ensure cocoa bean farmers get paid a living wage.

TopicMethods and effects of government intervention in markets

Question paper p.3 Mark scheme p.12 Open in the tool

Q1(e)Assess6 marks

Assess the advantages and disadvantages of Ivory Coast continuing to specialise in the production and export of cocoa beans.

TopicThe reasons for international trade

Question paper p.3 Mark scheme p.13 Open in the tool

Section B

Q2(a)OptionalExplain8 marks

With the help of a diagram, explain the difference between producer surplus and consumer surplus and consider the extent to which producers always gain when the price of a product increases due to higher costs of production.

Mark splitKnowledge 3Analysis 3Evaluation 2

TopicConsumer and producer surplus2.4 The interaction of demand and supply

Question paper p.3 Mark scheme p.14 Open in the tool Draw it: supply and demand diagram

Q2(b)OptionalAssess12 marks

Assess the view that a business should be more concerned about the income elasticity of demand for its product than its cross elasticity of demand when incomes are falling.

TopicPrice elasticity, income elasticity and cross elasticity of demand

Question paper p.3 Mark scheme p.15 Open in the tool Practise the YED and XED diagram

Q3(a)OptionalExplain8 marks

With the help of a diagram, explain the difference between a movement along a production possibility curve (PPC) and a shift of this curve and consider whether a decision to produce more of one product will always incur an equal opportunity cost.

Mark splitKnowledge 3Analysis 3Evaluation 2

TopicProduction possibility curves

Question paper p.3 Mark scheme p.17 Open in the tool Draw it: PPF diagram

Q3(b)OptionalAssess12 marks

Assess the extent to which it is always necessary to increase the size of the labour factor of production in order to cause an outward shift of the production possibility curve.

TopicProduction possibility curves1.3 Factors of production

Question paper p.3 Mark scheme p.18 Open in the tool Practise the PPF diagram

Section C

Q4(a)OptionalExplain8 marks

Explain three components of the current account of the balance of payments and consider the extent to which a depreciation in the exchange rate will always lead to a surplus on the current account.

Mark splitKnowledge 3Analysis 3Evaluation 2

TopicCurrent account of the balance of payments6.4 Exchange rates

Question paper p.4 Mark scheme p.20 Open in the tool

Q4(b)OptionalAssess12 marks

Assess the extent to which the use of supply-side policy would be the best way to reduce a deficit on the current account of the balance of payments.

TopicPolicies to correct imbalances in the current account6.3 Current account of the balance of payments

Question paper p.4 Mark scheme p.21 Open in the tool Practise the AD/AS diagram

Q5(a)OptionalExplain8 marks

With the help of an aggregate demand and aggregate supply (AD/AS) diagram, explain why two components of AD may increase and consider the extent to which an increase in AD will always lead to inflation.

Mark splitKnowledge 3Analysis 3Evaluation 2

TopicAggregate demand and aggregate supply analysis

Question paper p.4 Mark scheme p.23 Open in the tool Draw it: AD/AS diagram

Q5(b)OptionalAssess12 marks

Assess the view that the effects of a high rate of inflation are always more damaging for consumers than for firms.

TopicPrice stability

Question paper p.4 Mark scheme p.24 Open in the tool Practise the AD/AS diagram

Question text is quoted from the question papers, © Cambridge University Press & Assessment (UCLES), for students’ private study. Open the official papers and mark schemes from the links on each question. Examiner insights are written with AI assistance and moderated by Finn.

Section A

How do we make sure cocoa bean farmers get paid a living wage?

Section B

Section C

Other years of Cambridge International (CAIE) AS Paper 2

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