Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

Abdul receives $50 000 a year as a teacher. He owns a house worth $250 000 and holds shares valued at $20 000. His current bank account has a balance of $1500, and he carries $200 in his wallet. In his house, there is a jar containing $100 that he has put aside for spending on his upcoming holiday. Calculate the value of Abdul’s liquid assets.

  • A$200
  • B$300
  • C$1800
  • D$21 500

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