9708/11

Economics 9708/11October/November 2023

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

30
questions
30
marks
60
minutes

Topics Price Stability · Classification of Goods and Services · Elasticities of Demand · Aggregate Demand and Aggregate Supply · Market Equilibrium and the Price Mechanism · Price Elasticity of Supply · +14 more

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Q11MScarcity, Choice and Opportunity CostFree sample

What will help solve the basic economic problem?

Options

A   the control of the market system
B   the efficient allocation of scarce resources
C   the preservation of a healthy environment
D   the elimination of hunger

The rest of this paper

29 more questions
  • Q2Production Possibility Curves1M
  • Q3Classification of Goods and Services1M
  • Q4Economic Systems · Classification of Goods and Services1M
  • Q5Consumer and Producer Surplus1M
  • Q6Elasticities of Demand1M
  • Q7Market Equilibrium and the Price Mechanism1M
  • Q8Elasticities of Demand1M
  • Q9Price Elasticity of Supply1M
  • Q10Market Equilibrium and the Price Mechanism1M
  • Q11Elasticities of Demand1M
  • Q12Price Elasticity of Supply · Methods of Government Intervention in Markets1M
  • Q13Demand and Supply1M
  • Q14Classification of Goods and Services1M
  • Q15Fiscal Policy1M
  • Q16Aggregate Demand and Aggregate Supply1M
  • Q17National Income Statistics1M
  • Q18Unemployment1M
  • Q19Price Stability1M
  • Q20International Trade and Comparative Advantage1M
  • Q21Aggregate Demand and Aggregate Supply1M
  • Q22Balance of Payments1M
  • Q23Economic Growth · Price Stability1M
  • Q24The Circular Flow of Income1M
  • Q25Unemployment1M
  • Q26Balance of Payments1M
  • Q27Price Stability1M
  • Q28Fiscal Policy · Aggregate Demand and Aggregate Supply1M
  • Q29Monetary Policy1M
  • Q30Price Stability1M
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