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1.4 Production, costs and revenue

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Question 22

The table below shows the total quarterly output of a boutique microbrewery and the number of workers employed in each quarter of the year.

Table: Quarterly Output and Employment

QuarterNumber of workersTotal output (cases)
Q1127,200
Q2159,300
Q31810,800
Q4148,820

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

A

Labour productivity rose but total production fell between Q3 and Q4.

B

Both total production and labour productivity rose between Q2 and Q3.

C

Q3 had both the highest total production and the highest labour productivity during the year.

D

Both total production and labour productivity were higher in Q1 than in Q4.

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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