Economics 2281 · O Level · The nature of the economic problem

The nature of the economic problem — practice question

Why do economic agents make choices?

  • Alimited needs and wants
  • Bthe existence of finite resources
  • Cthe existence of free goods
  • Dthe market mechanism

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