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O-LevelEconomicsMicroeconomic decision makers2281/11 · Oct/Nov 2010 · Q211 Mark

In 2008, the world's largest metal mining company, BHP, increased its profits by 20%. What could have helped that happen?

Adecrease in economic growth in the UK and the US
Ban increase in demand from China
Cmore competition from other companies
Dmore difficult mining conditions

✓ Correct answer

B: an increase in demand from China

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Topic
Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2010 Paper 1 Variant 1, question 21.

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