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1.1 Economic foundations

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Question 7
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Leah spends Saturday at a football match instead of attending a concert. How should the enjoyment she expected from the concert be treated?

[1]
A

Amount paid for the football ticket

B

Benefit received from the chosen match

C

Money remaining after the weekend

D

Value of the next-best alternative forgone

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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