DP Economics
Question 18N.3.HL.TZ0.2a.i
| Date | November 2018 | Marks available | [Maximum mark: 2] | Reference code | 18N.3.HL.TZ0.2a.i |
| Level | HL | Paper | 3 | Time zone | TZ0 |
| Command term | Define | Question number | a.i | Adapted from | N/A |
a.i.
[Maximum mark: 2]
18N.3.HL.TZ0.2a.i
Figure 3 illustrates the market for cotton in the country of San Marcus, a small closed economy. Cotton is used as an input in the San Marcus textile industry. Quantity is in thousands of kilograms (kg).
(a.i)
Define the term social (community) surplus.
[2]
Markscheme
