Economics Past Questions and Answers

The wholesale provides all the following services to the manufacturer except

The country that makes the largest contribution to the IMF is

The raw scores of 20 students of Utopia High School who took part in an examination in Economics are given below. The pass mark is 40%
38 28 70 43
39 20 64 66
12 46 52 53
20 34 48 69
18 20 64 34
(a) What is the mean score of the students' marks?
(b) How many students passed the examination?
(c) What percentage of the students failed the examination?
(d) What is the range of the scores?
(e) How many students scored below the mean score?

(a) Distinguish briefly but clearly between opportunity cost and money cost.

Discuss the factors that should motivate a producer to supply more of a commodity.