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1.2 The basic economic problem

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Question 28

A pottery cooperative allocates its clay to making dinner plates rather than plant pots. It chooses hand-operated wheels rather than automated moulding machines and supplies the finished plates to school kitchens rather than hotels.

Which option classifies all three decisions correctly?

[1]
A

Dinner plates are for whom to produce; hand-operated wheels are what to produce; school kitchens are how to produce.

B

Dinner plates are what to produce; hand-operated wheels are how to produce; school kitchens are for whom to produce.

C

Dinner plates are how to produce; hand-operated wheels are for whom to produce; school kitchens are what to produce.

D

Dinner plates are how to produce; hand-operated wheels are what to produce; school kitchens are for whom to produce.

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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.

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