Riverside Hospital employs 120 trained nurses, all already working full shifts, and it cannot recruit any more this year. Its waiting list for operations has grown to 4,000 patients. Doctors have also asked to start offering a newly approved cancer treatment, which would need nurses to deliver it.
Explain why Riverside Hospital faces scarcity.
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.