9708/12

Economics 9708/12October/November 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 · Balance of Payments · Production Possibility Curves · (Legacy) - Externalities and Cost-Benefit Analysis · Scarcity, Choice and Opportunity Cost · Elasticities of Demand · +12 more

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Q11MScarcity, Choice and Opportunity CostFree sample

Which question does not directly refer to the basic economic problem?

Options

A   What goods and services should a firm produce?
B   What price should a firm charge?
C   What production methods should a firm use?
D   Who should receive the goods and services that a firm produces?

The rest of this paper

29 more questions
  • Q2Production Possibility Curves1M
  • Q3Production Possibility Curves1M
  • Q4Factors of Production1M
  • Q5Demand and Supply1M
  • Q6Demand and Supply1M
  • Q7Elasticities of Demand1M
  • Q8Elasticities of Demand1M
  • Q9Demand and Supply1M
  • Q10Price Elasticity of Supply1M
  • Q11Demand and Supply1M
  • Q12Demand and Supply1M
  • Q13Consumer and Producer Surplus1M
  • Q14Scarcity, Choice and Opportunity Cost · (Legacy) - Externalities and Cost-Benefit Analysis · Methods of Government Intervention in Markets1M
  • Q15(Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q16(Legacy) - Externalities and Cost-Benefit Analysis1M
  • Q17Classification of Goods and Services1M
  • Q18Methods of Government Intervention in Markets1M
  • Q19Production Possibility Curves · International Trade and Comparative Advantage1M
  • Q20International Trade and Comparative Advantage · Protectionism1M
  • Q21Protectionism · (Legacy) - Economic Integration1M
  • Q22Balance of Payments1M
  • Q23Unemployment1M
  • Q24Supply-Side Policy1M
  • Q25Price Stability1M
  • Q26Price Stability1M
  • Q27Balance of Payments1M
  • Q28Exchange Rates · Balance of Payments1M
  • Q29Exchange Rates1M
  • Q30Balance of Payments1M
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