Economics 9708/12 — May/June 2021
Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions
30
questions
30
marks
60
minutes
Topics Balance of Payments · Demand and Supply · Elasticities of Demand · Methods of Government Intervention in Markets · Price Stability · Classification of Goods and Services · +12 more
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Q11MClassification of Goods and ServicesFree sample
A tourist visits the coast for a holiday.
On her first day, she visits the local tourist office for information, goes for a swim in the sea, spends the evening enjoying the view of the coastline and rents a campsite for an overnight stay.
Which activities involve economic goods and which involve free goods?
Options
| economic goods | free goods | |
|---|---|---|
| A | camping and information | swimming and sightseeing |
| B | information and swimming | sightseeing and camping |
| C | sightseeing and camping | information and swimming |
| D | swimming and sightseeing | camping and information |
The rest of this paper
29 more questions- Q2Economic Systems1M
- Q3(Legacy) - Money1M
- Q4Economic Methodology1M
- Q5Price Elasticity of Supply1M
- Q6Elasticities of Demand1M
- Q7Demand and Supply1M
- Q8Market Equilibrium and the Price Mechanism · Elasticities of Demand · Price Elasticity of Supply1M
- Q9Demand and Supply1M
- Q10Market Equilibrium and the Price Mechanism1M
- Q11Consumer and Producer Surplus1M
- Q12Demand and Supply1M
- Q13Elasticities of Demand1M
- Q14Methods of Government Intervention in Markets1M
- Q15Methods of Government Intervention in Markets1M
- Q16Methods of Government Intervention in Markets · Demand and Supply1M
- Q17Fiscal Policy1M
- Q18Classification of Goods and Services1M
- Q19Aggregate Demand and Aggregate Supply1M
- Q20Exchange Rates1M
- Q21Balance of Payments1M
- Q22Price Stability1M
- Q23Balance of Payments1M
- Q24International Trade and Comparative Advantage1M
- Q25Protectionism1M
- Q26Balance of Payments1M
- Q27Exchange Rates · Balance of Payments · Price Stability1M
- Q28Monetary Policy · Fiscal Policy1M
- Q29Balance of Payments1M
- Q30Price Stability1M
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