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1.1 Economic methodology and the economic problem

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Question 30

A renewable energy firm operates an offshore wind farm in the North Sea. Which of the following components of this operation is classified by economists as the factor of production land?

A

The deep-water concrete foundations anchoring the turbines to the seabed

B

The offshore wind currents used to rotate the turbine blades

C

The technical expertise of the marine engineers maintaining the turbines

D

The feed-in tariffs and green subsidies paid to the operators

Markscheme

1.1 Economic methodology and the economic problem Questions

  1. A Level
  2. /Economics
  3. /1.1 Economic methodology and the economic problem

123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.

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