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IB Exam: Data response question?

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I've been having difficulty breaking the 17/20 mark on the IB data analysis paper for Econs.

This is mainly due to the final essay question out of 8 marks.

Any tips on how to ace that? I'm getting the diagrams and definitions right, but just not this...

Edited by dubyawhy

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- define relevant terminologies

- explain relevant concepts

- point, elaborate, link to the article

- point, elaborate, link to the article

- point, elaborate, link to the article

- include advantages and disadvantages

- include how different stakeholders are affected

- include short run and long run effects

- prioritise your arguments

NB I don't usually plot diagrams in part (d). I usually refer to whatever I've previously drawn in parts (b) and/or © if I need to.

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