Economics 9708/32 — October/November 2016
Cambridge A-Level · A Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
75
minutes
Topics Efficiency and Market Failure · Performance of Firms in Different Market Structures · The Multiplier and National Income Determination · Externalities, Social Costs and Benefits · Market Structures · Short-Run and Long-Run Production · +15 more
Tap an option under each question to check it — your score builds as you go.
Q11MEfficiency and Market FailureFree sample
What is the purpose of trying to achieve economic efficiency?
Options
A to achieve full employment
B to achieve the cheapest possible price for products
C to ensure resources are not wasted
D to use as many resources as possible
The rest of this paper
29 more questions- Q2Efficiency and Market Failure1M
- Q3Externalities, Social Costs and Benefits1M
- Q4Utility Theory1M
- Q5Indifference Curves and Budget Lines1M
- Q6Growth and Survival of Firms1M
- Q7Market Structures · Performance of Firms in Different Market Structures1M
- Q8Short-Run and Long-Run Production1M
- Q9Costs of Production1M
- Q10Costs of Production1M
- Q11Performance of Firms in Different Market Structures1M
- Q12Objectives and Pricing Policies of Firms1M
- Q13Market Structures · Performance of Firms in Different Market Structures1M
- Q14Efficiency and Market Failure1M
- Q15Externalities, Social Costs and Benefits1M
- Q16Equity, Poverty and Redistribution1M
- Q17Demand for and Supply of Labour1M
- Q18Wage Determination and Labour Market Intervention1M
- Q19Short-Run and Long-Run Production1M
- Q20Employment and Unemployment1M
- Q21Characteristics of Countries at Different Levels of Development1M
- Q22Economic Development and Living Standards1M
- Q23The Multiplier and National Income Determination1M
- Q24The Multiplier and National Income Determination1M
- Q25The Multiplier and National Income Determination1M
- Q26Money and Banking1M
- Q27Effectiveness of Macroeconomic Policies1M
- Q28Economic Growth and Sustainability1M
- Q29Money and Banking1M
- Q30Macroeconomic Objectives and Policy Conflicts1M
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