J205/01 Introduction to Economics
Answer all the questions in this section. Write your answer for each question in the box provided. 1 Which of the following is a factor of production? A A credit card B A household’s washing machine C A one pound coin D A piece of spare land Your answer [1] 2 Which of these is classified as part of the output of the primary sector? A Buildings B Dishwashers C Haircuts D Oil Your answer [1] 3 Supply means the amount producers are willing and able to provide to the market at a given A level of consumer income B price C quantity demanded D request by the government Your answer
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- 10 december 2022
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- 36
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- 2022/2023
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answer all the questions in this section write your answer for each question in the box provided 1 which of the following is a factor of production a a credit card b a household’s washing machi