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The economic problem

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Question 33

‘Because resources are limited, societies must decide how to allocate them among competing uses.’

What does this statement describe?

A

The division of labour

B

The basic economic problem

C

Negative externalities

D

Economies of scale

Markscheme

The economic problem Questions

  1. A Level
  2. /Economics
  3. /The economic problem

53 exam-style questions on OCR A Level Economics The economic problem. Each one has a worked solution and a mark scheme showing where the marks go.

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