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1.1 Economic methodology and the economic problem

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Question 67

Which of the following would be classified by an economist as an example of the factor of production known as capital?

A

The risk-taking initiative of the founders who launched the drone delivery service

B

A reserve of 5 million5\text{ million}5 million held in a corporate Bitcoin wallet for future expansion

C

A fleet of autonomous delivery drones operated by an e-commerce retailer

D

A newly discovered lithium deposit on land owned by an electric vehicle manufacturer

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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