Quelpr

Other parts of this question

  1. 1(a)Define the term 'Economics'.[2 marks]
  2. 1(b)List the THREE main components of an economy.[3 marks]
  3. 1(d)Using a diagram of a production possibility curve, explain how opportunity cost can be illustrated.[4 marks]

More practice: the rest of this paper · more Scarcity, Choice, and Opportunity Cost questions · all CSEC Economics past papers