Sample 1

IB Economics: Sample 1

This is the first sample for this question, on microeconomics. The question and markscheme can be purchased at the IBO store, available at: Follett. A reminder that this question is q1 from paper one in May 2016, timezone 1. Candidate response(a) An indirect tax is a tax imposed on goods and services rather than on income or company profits. This will increase the selling price of the product for consumers as well...


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