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1.1 Economic foundations

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Question 33

A county council has £4.0 million available for three projects. Each project must receive its full requested funding if it is approved.

ProjectFunding requested
Renovating public footpaths£2.2 million
Replacing damaged street lighting£1.5 million
Extending a community sports centre£2.8 million

Explain why the council must make choices about which projects to approve.

[3]
Markscheme

1.1 Economic foundations Questions

  1. GCSE
  2. /Economics
  3. /1.1 Economic foundations

81 exam-style questions on AQA GCSE Economics 1.1 Economic foundations, covering 1.1.1a Needs and wants, 1.1.1b The central purpose of economic activity, 1.1.1c Key economic decisions, 1.1.1d The main economic groups, 1.1.2a The nature of an economic resource, 1.1.2b The four factors of production, 1.1.3a The basic economic problem and making choices, and 1.1.3b Opportunity cost. Each one has a worked solution and a mark scheme showing where the marks go.

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