O-LevelEconomicsThe allocation of resources2281/12 · May/June 2014 · Q51 Mark

Which headline could apply to a mixed economy but not a free market economy?

A'Cheap imports put domestic producers out of business.'

B'Local government planning decision angers residents.'

C'Many fish die as a company pollutes a river with waste material.'

D'Small shops close as large supermarkets open in the area.'

✓ Correct answer

B: 'Local government planning decision angers residents.'

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Topic: The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2014 Paper 1 Variant 2, question 5.

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