Question 1
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No letter options?
Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
1. The basic economic pro...
1.2. The factors of production

Definitions and examples of land, labour, capital and enterprise. Examples of the nature of each factor of production.

3. Microeconomic decision...
3.3. Workers

Factors affecting an individual’s choice of occupation – wage and non-wage factors.