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1.4 Production, costs and revenue

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Question 8

Table 1 shows an index of labour productivity per worker-hour for an aerospace components manufacturing workshop.

Table 1: Index of labour productivity per worker-hour (2021=1002021 = 1002021=100)

YearIndex of labour productivity per worker-hour
2019104.8
202097.2
2021100.0
2022102.5
202395.1

Which one of the following statements must be true?

A

The total volume of aerospace components manufactured in 2019 was greater than in 2022.

B

The average output produced per worker-hour was higher in 2022 than in 2020.

C

The workshop employed fewer assembly-line workers in 2023 than in 2020.

D

The workshop achieved maximum efficiency in 2021 because the index value was exactly 100.0100.0100.0.

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.

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