Q10 of 9708_s16_qp_13

Question 10

Question 10 of 30

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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

8. Government microeconom...

8.3. Labour market forces and gover...

factors affecting the supply of labour to a firm or to an occupation: wage and non-wage factors

5. Government macroeconom...

5.4. Supply-side policy

objectives of supply-side policy: increasing productivity and productive capacity

2. The price system and t...

2.3. Price elasticity of supply

factors affecting price elasticity of supply