Skip to content

Course home

Sign up

1.4 Production, costs and revenue

EasyMediumHard
12345678910111213141516171819202122232425262728293031323334353637383940414243444546474849
Question 45

Table 2 shows the total output of a small manufacturing firm and the number of workers employed in each of four months.

Table 2

MonthWorkersTotal output (units)
May104,000
June125,040
July156,000
August114,510

Which one of the following is a true statement about production and labour productivity during this period?

A

Both production and labour productivity rose between June and July.

B

Both production and labour productivity were higher in August than June.

C

Labour productivity rose but production fell between July and August.

D

July had both the highest production and the highest labour productivity.

Markscheme

1.4 Production, costs and revenue Questions

  1. A Level
  2. /Economics
  3. /1.4 Production, costs and revenue

156 exam-style questions on AQA A Level Economics 1.4 Production, costs and revenue, covering 1.4.1 Production and productivity, 1.4.2 Specialisation, division of labour and exchange, 1.4.3 The law of diminishing returns and returns to scale (A-level only), 1.4.4 Costs of production, 1.4.5 Economies and diseconomies of scale, 1.4.6 Marginal, average and total revenue, 1.4.7 Profit, and 1.4.8 Technological change (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.

Question bank