CSEC Economics · May/June 2010 · Paper 2 · Question 6(b)
Distinguish between the terms 'scarcity' and 'choice'.
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Practise this questionOther parts of this question
- 6(a)Define the term 'economics'.[2 marks]
- 6(c)(i)Explain what is taking place at Point A in the diagram.[4 marks]
- 6(c)(ii)Outline TWO measures that a producer can take to attain the production level indicated at Point C in the diagram.[4 marks]
- 6(d)Discuss TWO economic factors that may encourage a producer of bread to remain in bread production.[5 marks]
More practice: the rest of this paper · more Scarcity, Choice, and Opportunity Cost questions · all CSEC Economics past papers