Student’s Name: In His Almighty Name

_________________ Tehran International School (Girls) Final Approval Administration

Grade: 10A B Subject: Economics grade 10

Date: Teacher’s Name: Shadan Yousef

Total mark out of 100
Time: Retake Exam
2022-2023

Teacher’s Name and Signature: Moderator’s Name and Signature:

Mark (in figures): Mark (in figures):
Mark (in letters): Mark (in letters):
Date: Date:
No. Mark F/H/N

1. What are the factors of production? (4 Marks)

2. Define occupationally immobile and geographically immobile terms? (4 Marks)

3. What is an opportunity cost? (4 Marks)

4. Define and draw the production possibility curve and the points under, on and beyond

1out of 6
 PPC? (10 Marks)

5. Explain market equilibrium? (5 Marks)

6. Name different economic systems and give examples for each system? (6 Marks)

2out of 6
7. What is supply? (3 Marks)

8. Explain international or global markets? (5 Marks)

9. Which statement about the factors of production is correct? (2 Marks)

A Labor is a human resource and includes pensioners and children.

B Enterprise is limited in supply and includes office workers.
C Capital is a financial resource and includes savings in banks.
D Land is a natural resource and includes trees and fish.

10. Explain price mechanism? (5 Marks)

11. Which statement about the factors of production is correct? (2 Marks)

3out of 6
 A Capital is a financial resource and includes savings in banks.
B Enterprise is limited in supply and includes office workers.
C Labor is a human resource and includes pensioners and children.
D Land is a natural resource and includes trees and fish

12. Which is not an artificial barrier to enter the market? (2 Marks)

 Predatory pricing
 Legal considerations
 Bundling
 Exclusive dealing

13. Which is not a natural barrier to enter a market? (2 Marks)

 Capital size
 Legal considerations
 Economies of scale
 Exclusive dealing

14. What is productivity? (3 Marks)

15. What is diversification in production? (3 Marks)

16. Name all types of banks in a modern economy? (5 Marks)

17. What are the sources of revenue for banks? (5 Marks)

4out of 6
18. Name the advantages of the market economic system and explain two of them? (6
Marks)

19. What are the sources of revenue for banks? (4 Marks)

20. Explain private sector firms and different types of these firms? (4 Marks)

5out of 6
 21. What are the qualities of a good money? (5 Marks)

22. What is microeconomics? (5 Marks)

23. How does an increase in productive capacity shift the PPC (explain and draw the
graph)? (6 Marks)

Exam mark
Progress mark CA mark Total mark
Oral Paper

6out of 6