Skip to content

Course home

Question bank·1.2 The basic economic problem
Sign up

1.2 The basic economic problem

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536
Question 17

A hospital receives a large increase in its annual budget and uses it to fund several new treatments.

Which statement best shows that wants are unlimited?

[1]
A

Once the new treatments start, staff and patients ask for further services it cannot yet fund.

B

A flu outbreak leaves one medicine in short supply until the next delivery arrives.

C

The hospital decides whether to carry out scans with more staff or with more machines.

D

The hospital can only recruit as many nurses as have been trained in its local area.

Markscheme

1.2 The basic economic problem Questions

  1. GCSE
  2. /Economics
  3. /1.2 The basic economic problem

77 exam-style questions on OCR GCSE Economics 1.2 The basic economic problem, covering 1.2.1 Scarce resources and unlimited wants, 1.2.2 The economic problem, 1.2.3 Opportunity cost, and 1.2.4 Costs and benefits of economic choices. Each one has a worked solution and a mark scheme showing where the marks go.

More questions