CourseCourseConceptConceptDocsDocuments

CAIE A-Level Economics AS 1.2.4 Time Periods Questions

Practise distinguishing short-run, long-run and very-long-run changes in factors of production, resource allocation and technology using CAIE Economics AS questions.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • Distinguish the short run, long run and very long run by identifying which factors of production, resource allocation and technology can change over each period.

CAIE A-Level Economics AS 1.2.4 Time Periods Questions question 1

[Maximum number: 1]

What distinguishes the very long run from the long run?

A

the ability to change resource allocation

B

the ability to change the state of technology

C

the absence of government market intervention

D

the existence of variable factors of production

All question bank results loaded