Exam (elaborations)
Edexcel A-level Economics Theme 1-4 Examination Questions and Answers
- Module
- Institution
Economics The study of the allocation of scarce resources. Economic Goods Resources that are scarce. Short Run A time period where at least one factor of production is fixed. Long Run A time period where all factors of production are variable. Productivity The output per unit of input. The Eco...
[Show more]