Skip to content

Course home

Question bank·1.2 The basic economic problem
Sign up

1.2 The basic economic problem

EasyMediumHard
123456789101112131415161718192021222324252627282930313233343536
Question 25

A commercial laundry must wash 5,000 hotel sheets each week. It can choose between two arrangements.

ArrangementWorker-hours per weekIndustrial washing machinesSheets washed per week
R30045,000
S18075,000

Explain which of the three questions of resource allocation the commercial laundry is answering when it chooses between Arrangement R and Arrangement S.

[2]
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