Economics (AS & A Level) · May / June 2026 · Paper 13 · Question 1
9708Scarcity, choice and opportunity cost
What are the basic questions of resource allocation?
- AWhat to produce, how to produce and for whom to produce?
- BWhat to produce, where to produce and for whom to produce?
- CWhere to produce, for whom to produce and how to produce?
- DWhere to produce, what to produce and how to produce?
As printed in the paper
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Correct answer: A. What to produce, how to produce and for whom to produce?
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