A-LevelEconomicsBasic Economic Ideas and Resource AllocationMay/June 2011Paper 1 Q11 Mark

What distinguishes capital from other factors of production?

Q: What topic does this question test?

This question tests Basic Economic Ideas and Resource Allocation in A-Level Economics (syllabus code 9708). It is worth 1 mark.

ACapital exists only in capitalist market economies.

BCapital results from the operation of the other factors.

CThe rewards earned by the owners of capital are uncertain.

DUnlike labour or land, capital must be owned rather than hired or rented.

✓ Correct Answer

The correct answer is B: Capital results from the operation of the other factors.

📋 Examiner Report & Trap Analysis

Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Basic Economic Ideas and Resource Allocation in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics May/June 2011 examination, Paper 1 Variant 2.

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