Economics 9-1 0987: Basic Economic Problem Topical Past Paper Questions
Cambridge IGCSE Economics 9-1 (0987) past-paper questions on Basic Economic Problem, free. This topic is frequently examined across 13 exam sessions. Sign in for the full topic-segregated question bank and AI worksheets.
Sample questions
The diagram shows the choices for an individual between leisure and earnings. hours of leisure per day The person decides to take a job that gives more leisure time. What is the opportunity cost to the individual of moving from position Y to position X? A $20 B $80 C four hours o…
Which combination gives correct examples of macroeconomics and microeconomics?
What is opportunity cost? A the allocation of resources in an economy B the cost to the individual when they consume a good C the lack of goods and services available to satisfy unlimited wants D the next best alternative forgone when making an economic decision
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