Economics 9708 · AS & A Level · Scarcity, choice and opportunity cost

Scarcity, choice and opportunity cost — practice question

Economics students are required to complete the missing words in the passage below. ‘The three fundamental questions that come from the economic problem of scarcity are ......1...... to produce, ......2...... to produce, and ......3...... to produce.’ Which option gives the correct combination?

  • A1 how, 2 when, 3 where
  • B1 how, 2 where, 3 for whom
  • C1 what, 2 how, 3 for whom
  • D1 what, 2 when, 3 where

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI