9708/12

Economics 9708/12October/November 2016

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

30
questions
30
marks
60
minutes

Topics Market Equilibrium and the Price Mechanism · Methods of Government Intervention in Markets · Demand and Supply · Elasticities of Demand · Fiscal Policy · Exchange Rates · +11 more

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Q11MProduction Possibility CurvesFree sample

The diagram shows a production possibility curve for an economy that produces only two goods, X and Y.

The economy produces 1200 of good X and operates on its production possibility curve.

Which quantity of good Y is given up?

Options

A   400
B   600
C   800
D   1000

The rest of this paper

29 more questions
  • Q2Scarcity, Choice and Opportunity Cost · Market Equilibrium and the Price Mechanism1M
  • Q3Economic Systems1M
  • Q4Production Possibility Curves1M
  • Q5Demand and Supply1M
  • Q6Demand and Supply1M
  • Q7Elasticities of Demand1M
  • Q8Elasticities of Demand1M
  • Q9Elasticities of Demand1M
  • Q10Price Elasticity of Supply1M
  • Q11Demand and Supply · Market Equilibrium and the Price Mechanism1M
  • Q12Market Equilibrium and the Price Mechanism1M
  • Q13Methods of Government Intervention in Markets · Consumer and Producer Surplus1M
  • Q14Market Equilibrium and the Price Mechanism · Methods of Government Intervention in Markets1M
  • Q15Methods of Government Intervention in Markets1M
  • Q16Fiscal Policy1M
  • Q17Market Equilibrium and the Price Mechanism · Methods of Government Intervention in Markets1M
  • Q18Economic Systems1M
  • 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
  • Q27Protectionism1M
  • Q28Fiscal Policy · Supply-Side Policy1M
  • Q29Balance of Payments1M
  • Q30Fiscal Policy · Exchange Rates · Supply-Side Policy1M
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