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1.4 Production, costs and revenue

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Question 34

A commercial bakery uses bakers, industrial ovens, and organic flour to bake artisanal sourdough loaves. In one week, the bakery bakes 150 more sourdough loaves than in the previous week.

It can be concluded that there must have been an increase in

A

labour productivity.

B

productive efficiency.

C

production.

D

employment.

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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