9708/13

Economics 9708/13May/June 2016

Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions

30
questions
30
marks
60
minutes

Topics Methods of Government Intervention in Markets · International Trade and Comparative Advantage · Elasticities of Demand · Exchange Rates · Production Possibility Curves · Demand and Supply · +12 more

Tap an option under each question to check it — your score builds as you go.

Q11MProduction Possibility CurvesFree sample

The diagram shows different production possibilities for a bakery.

They wish to increase production of cakes from 15 units to 25 units.

What is the opportunity cost?

Options

A   10 units of cake
B   15 units of cake
C   20 units of bread
D   50 units of bread

The rest of this paper

29 more questions
  • Q2Reasons for Government Intervention in Markets1M
  • Q3Production Possibility Curves1M
  • Q4Classification of Goods and Services1M
  • Q5Demand and Supply1M
  • Q6Demand and Supply1M
  • Q7Elasticities of Demand1M
  • Q8Elasticities of Demand1M
  • Q9Elasticities of Demand1M
  • Q10Price Elasticity of Supply1M
  • Q11Market Equilibrium and the Price Mechanism · Methods of Government Intervention in Markets1M
  • Q12International Trade and Comparative Advantage1M
  • Q13Methods of Government Intervention in Markets · Consumer and Producer Surplus1M
  • Q14Fiscal Policy · Income and Wealth Inequality1M
  • Q15Methods of Government Intervention in Markets1M
  • Q16Income and Wealth Inequality1M
  • Q17Market Equilibrium and the Price Mechanism1M
  • Q18Methods of Government Intervention in Markets1M
  • Q19Aggregate Demand and Aggregate Supply1M
  • Q20Price Stability1M
  • Q21Price Stability1M
  • Q22Balance of Payments1M
  • Q23Exchange Rates1M
  • Q24Exchange Rates1M
  • Q25International Trade and Comparative Advantage1M
  • Q26International Trade and Comparative Advantage1M
  • Q27Protectionism · International Trade and Comparative Advantage1M
  • Q28Supply-Side Policy1M
  • Q29Balance of Payments1M
  • Q30Fiscal Policy · Exchange Rates1M
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