Economics 9708 · AS & A Level · Short-run costs

Short-run costs — practice question

State one example of a transfer payment.

  • Aa household moving savings from one bank account to another
  • Ba monthly repayment on a loan used to buy a new cooker
  • Cthe amount paid to transport goods from one city to another
  • Dgrants paid to students by the government

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