1 mark
Q1(a) Pick out the capital good from four items (a computer / money saved in a bank / company shares / oil still underground).
Edexcel · 9EC0 / 8EC0 / WEC11–14
The economic problem comes up in 7 questions across the Edexcel A Level, AS and International A Level past papers (9EC0 / 8EC0 / WEC11–14), worth 19 marks between them. They run from 2018 to 2025 and appear on AS Level Paper 1.
Tariffs run from 1 to 5 marks. The commonest instructions are Explain (4), Identify (MCQ) (2), Calculate (1). Specification points covered: 1.1.3.
Q1(a) Pick out the capital good from four items (a computer / money saved in a bank / company shares / oil still underground).
Q1(b) Explain how renewable resources differ from non-renewable ones, illustrating with an example you supply yourself.
Q1(a) Using the wind power material supplied, set out how renewable resources differ from non-renewable ones.
Q1(b) Choose the best description of scarcity (a demand curve extension / surplus supply / wants outstripping available resources / misallocated resources).
Q6(a) Using Extract A and Figure 2, show how UK health care demonstrates scarcity and the basic economic problem.
Q1(b) Work out roughly how many doctors Cuba has, from its 11 million people and one doctor for every 155 patients.
Q6(d) Distinguish renewable from non-renewable energy, illustrating each with examples drawn from the material supplied.
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