AS & A Level / Economics / Scarcity and resource allocation Question practice
Scarcity and resource allocation About this practice Original, unofficial practice. Evaluative marking points are indicative: credit equivalent justified arguments, one point per distinct criterion, without double counting.
Accept equivalent valid methods and supported interpretations that address the task. Award each mark once; matching the model wording is not required.
Economics Scarcity and resource allocation
View All Incomplete Complete Review mistakes One at a time
Revision Ladder All stages Easy Medium Hard
1 Fictional case: Luma council uses its only vacant site for a library instead of a clinic. Explain opportunity cost and identify it here. Easy 2 marks No calculator + 2 Explain why an economy can have unemployed workers and still face scarcity. Easy 3 marks No calculator + 3 Fictional case: on Nera's production frontier, output changes from 80 food units and 20 machines to 68 food units and 24 machines. Calculate the food opportunity cost per extra machine over this interval and explain why it need not be constant elsewhere. Medium 3 marks Calculator + 4 Fictional case: a flood destroys factories in Vela while demand is unchanged. Distinguish a movement inside a production frontier from an inward shift and explain which description fits destruction. Medium 4 marks No calculator + 5 Fictional case: Orin has poor rural access to drinking water. Evaluate allocating water solely through market prices rather than public provision. Hard 4 marks No calculator + 6 Fictional case: Daro can expand either vocational training or current hospital care from a fixed budget. Evaluate the claim that training should always take priority because it expands future productive capacity. Hard 4 marks No calculator + Self-assessed Not marked yet
Set total 20
This is a self-study tool, not a certified answer key or a predicted AS & A Level grade.
Loading progress Reset progress
Original questions, not official past papers. Marking guidance is indicative, not an official answer key. Check your exam-board specification.
