Skip to main content

Cambridge (CAIE) · IGCSE

Economics question 14

0455/11 · Oct/Nov 2020 · Multiple Choice

Syllabus topics
  • The factors of production
  • Supply
  • Demand
  • Market structure
  • Firms’ costs, revenue and objectives
  • Households
  • Price determination
  • The role of markets in allocating resources
  • Opportunity cost
  • Price changes
  • Microeconomics and macroeconomics
  • Firms
  • Market failure

Question 14

0455/11 · Oct/Nov 2020

1 mark
Paper Grinder

Grind real Cambridge past papers, marked point by point against the official scheme.

Paper Grinder is an independent study tool. It is not affiliated with, authorised by, or endorsed by Cambridge International Education, whose past papers and mark schemes remain the property of their owners, and it responds promptly to rights-holder requests.

© 2026 Paper Grinder