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CAIE A-Level Economics AS 1.4.2 Resource Allocation Systems Questions

Practise explaining how prices, choices, planning and government provision allocate scarce resources in market, planned and mixed systems using CAIE Economics AS questions.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • Explain how market, planned and mixed economic systems allocate scarce resources through prices, choices, planning and government provision, and evaluate their effectiveness.

CAIE A-Level Economics AS 1.4.2 Resource Allocation Systems Questions question 1

[Maximum number: 1]

What is least likely to increase as a result of a transition from a planned economy to a free market economy?

A

prices of goods and services

B

privately owned resources

C

provision of merit goods

D

structural unemployment

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