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1.2 The basic economic problem

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Question 14

A reader keeps a list of books and audiobook services they would like to obtain.

MonthItems on list at startItems obtainedNew items addedItems on list at end
1104612
2125815
3156918

Using the data, explain why the reader's wants are likely to remain unlimited even if they continue obtaining items from the list.

[3]
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.

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