Economics 9708/12 — October/November 2021
Cambridge AS Level · AS Level Multiple Choice · answer key with instant marking and worked solutions
Topics Methods of Government Intervention in Markets · Price Elasticity of Supply · Demand and Supply · Fiscal Policy · International Trade and Comparative Advantage · Market Equilibrium and the Price Mechanism · +12 more
Tap an option under each question to check it — your score builds as you go.
Line XX is the production possibility curve (PPC) of a worker picking peas and beans in a 10 hour working day.
What could cause the worker’s PPC to shift to the line YY?
Options
A a decrease in working hours to 8 per day and a machine that increases the worker’s pea picking productivity
B a machine that increases the worker’s pea picking productivity only
C a new work schedule where the worker spends 6 hours per day picking peas and only 4 hours picking beans
D a reduction in working hours to 8 per day only
The rest of this paper
29 more questions- Q2(Legacy) - Money1M
- Q3Classification of Goods and Services1M
- Q4Factors of Production1M
- Q5Price Elasticity of Supply1M
- Q6Demand and Supply1M
- Q7Methods of Government Intervention in Markets1M
- Q8Market Equilibrium and the Price Mechanism1M
- Q9Demand and Supply · Market Equilibrium and the Price Mechanism1M
- Q10Demand and Supply1M
- Q11Elasticities of Demand1M
- Q12Price Elasticity of Supply1M
- Q13Consumer and Producer Surplus1M
- Q14Methods of Government Intervention in Markets1M
- Q15Fiscal Policy1M
- Q16Reasons for Government Intervention in Markets1M
- Q17Methods of Government Intervention in Markets1M
- Q18Elasticities of Demand · Price Elasticity of Supply1M
- Q19International Trade and Comparative Advantage1M
- Q20Price Stability1M
- Q21Balance of Payments1M
- Q22Protectionism1M
- Q23International Trade and Comparative Advantage1M
- Q24Methods of Government Intervention in Markets · Price Stability1M
- Q25International Trade and Comparative Advantage1M
- Q26Exchange Rates1M
- Q27Methods of Government Intervention in Markets1M
- Q28Fiscal Policy1M
- Q29Monetary Policy1M
- Q30Exchange Rates · Fiscal Policy1M