Assessment Statement:
There are twenty questions in this assessment.
Some questions are worth up to 14 marks.
You must attempt to answer each question.
The maximum score is 120 marks.
The following scores are possible:
Achieved: 34 - 54; Merit: 55 - 75; Excellence: 76+

You may use pen and paper and a calculator.
Please press on the assessment below to start.
Formative Assessment 1.3 Demonstrate understanding of producer choices using supply