A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Feb/Mar 2022 · Q21 Mark

What is a normative economic action based on?

Afact

Bmarket forces

Copinion

Dprice changes

✓ Correct answer

C: opinion

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Topic: Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Feb/Mar 2022 Paper 1 Variant 2, question 2.

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