O-LevelEconomicsThe basic economic problem2281/11 · May/June 2016 · Q21 Mark

An increase in the number of manufacturing robots in the car manufacturing industry represents an increase in the quantity of which factor of production?

Acapital

Benterprise

Clabour

Dland

✓ Correct answer

A: capital

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Topic: The basic economic problem, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, May/June 2016 Paper 1 Variant 1, question 2.

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