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Nature of economics

From Paper 1: Markets and business behaviour
3(a)2 marks
An economy can produce 100 units of food and 0 cars, or 60 food and 20 cars. Calculate the opportunity cost of one car.
From Paper 1: Markets and business behaviour
3(b)3 marks
Explain one benefit and one cost of the division of labour.
Score 0 / 5 · 0 of 2 marked

This paper is written by Plasmo in the style of the Edexcel A-Level Economics exam. It is not a past paper and is not produced or endorsed by the exam board.

Nature of economics Exam Questions: Edexcel A-Level Economics | Plasmo