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The allocation of resources

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Question 17

A logistics company owns a fleet of delivery trucks, employs fifty drivers, rents a warehouse near a major highway, and was established by a founder who takes all the business risks.

Which of the following correctly pairs one of the company's resources with its classification as a factor of production and its economic reward?

A

The fifty drivers →\rightarrow→ Enterprise →\rightarrow→ Profit

B

The fleet of delivery trucks →\rightarrow→ Capital →\rightarrow→ Interest

C

The founder of the company →\rightarrow→ Capital →\rightarrow→ Wages

D

The land occupied by the warehouse →\rightarrow→ Land →\rightarrow→ Interest

Markscheme

The allocation of resources Questions

  1. A Level
  2. /Economics
  3. /The allocation of resources

31 exam-style questions on OCR A Level Economics The allocation of resources. Each one has a worked solution and a mark scheme showing where the marks go.

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