Exam (elaborations)
OCR 2023 ECONOMICS H060/01: MICROECONOMICS AS LEVEL QUESTION PAPER & MARK SCHEME (MERGED)
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1 Which of these contains all the four factors of production? A Capital, enterprise, labour, land B Capital, labour, profit, rent C Enterprise, interest, land, wages D Interest, profit, rent, wages Your answer [1] 2 What is the income elasticity of demand if a 10% increase in consumer income ...
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