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The allocation of resources

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Question 12

In a particular country, the price mechanism determines the distribution of luxury goods and consumer electronics, whilst government planning and state intervention determine the provision of healthcare, education, and public infrastructure.

State the type of economic system that combines these two methods to allocate resources.

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Markscheme

The allocation of resources Questions

  1. A Level
  2. /Economics
  3. /The allocation of resources

31 exam-style questions on OCR A Level Economics The allocation of resources. Each one has a worked solution and a mark scheme showing where the marks go.

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