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OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (J205/01: Introduction to Economics)
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OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (J205/01: Introduction to Economics). DOWNLOAD OFFICIAL AND VERIFIED OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 20...
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OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 (J205/01: Introduction to Economics). DOWNLOAD OFFICIAL AND VERIFIED OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 ON www.leakedexams.com.


1 Buyers and sellers of a good on a website is an example of
 A a market
 B competition
 C specialisation
 D the secondary sector
Your answer [1]
2 For most of 2021 the world supply of computer chips did not satisfy the demand for them.
This is an example of
 A economies of scale
 B oligopoly collusion
 C scarce resources
 D unlimited wants
Your answer [1]
3 Price elasticity of supply measures the
 A percentage change in price relative to the percentage change in quantity supplied
 B percentage change in quantity supplied relative to a change in income
 C ratio of the quantity supplied to the price of the factor inputs
 D responsiveness of quantity supplied to a change in the price of the product
Your answer [1] 


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Author OCR KING
Published 30 Jul 2024
Included files PDF
J205 J205/01 OCR GCSE ECONOMICS PAPER 1 QUESTION PAPER 2023 OCR GCSE ECONOMICS PAPER 1 OCR GCSE ECONOMICS PAPER 1 2023 GCSE ECONOMICS PAPER 1 OCR OCR ECONOMICS 2023 OCR ECONOMICS ECONOMICS ECONOMICS 2023
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