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O-LevelEconomicsThe allocation of resources2281/11 · Oct/Nov 2011 · Q101 Mark

Which person would wish to encourage the use of the market system?

Asomeone who believes that people should have equal living standards
Bsomeone who believes that people should have freedom of action
Csomeone who believes that profit maximisation is wrong
Dsomeone who believes that the government should correct peoples' bad behaviour

✓ Correct answer

B: someone who believes that people should have freedom of action

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About this question

Topic
The allocation of resources, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2011 Paper 1 Variant 1, question 10.

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