Economics 9708/13 — May/June 2015
Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
60
minutes
Topics Demand and Supply · Elasticities of Demand · Methods of Government Intervention in Markets · (Legacy) - Externalities and Cost-Benefit Analysis · Balance of Payments · Scarcity, Choice and Opportunity Cost · +11 more
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Q11MScarcity, Choice and Opportunity CostFree sample
What is the fundamental assumption of the economic problem?
Options
A Factors of production are finite.
B Individuals are the best judges of their own wellbeing.
C Individuals can be relied upon to behave rationally.
D The principal aim of private firms is profit maximisation.
The rest of this paper
29 more questions- Q2Economic Systems1M
- Q3Production Possibility Curves1M
- Q4Production Possibility Curves1M
- Q5Demand and Supply · Elasticities of Demand1M
- Q6Elasticities of Demand1M
- Q7Elasticities of Demand1M
- Q8Demand and Supply1M
- Q9Methods of Government Intervention in Markets1M
- Q10Price Elasticity of Supply1M
- Q11Demand and Supply1M
- Q12Market Equilibrium and the Price Mechanism1M
- Q13Market Equilibrium and the Price Mechanism1M
- Q14(Legacy) - Externalities and Cost-Benefit Analysis1M
- Q15(Legacy) - Externalities and Cost-Benefit Analysis1M
- Q16(Legacy) - Externalities and Cost-Benefit Analysis1M
- Q17Economic Systems1M
- Q18Methods of Government Intervention in Markets1M
- Q19Scarcity, Choice and Opportunity Cost1M
- Q20Protectionism1M
- Q21International Trade and Comparative Advantage1M
- Q22Balance of Payments1M
- Q23Economic Growth1M
- Q24Aggregate Demand and Aggregate Supply1M
- Q25Price Stability · Methods of Government Intervention in Markets1M
- Q26Price Stability1M
- Q27Balance of Payments1M
- Q28International Trade and Comparative Advantage1M
- Q29Exchange Rates1M
- Q30Balance of Payments · Exchange Rates · Fiscal Policy1M
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