Table 1 compares factors affecting two occupations.
| Measure | Industrial refrigeration mechanics | Paper records clerks |
|---|---|---|
| Average hourly wage | £28 | £14 |
| Change in customer demand for the service over three years | +24% | −18% |
| Value of output per worker per hour (index: paper records clerks = 100) | 175 | 100 |
| Estimated share of main tasks that can be carried out by machinery | 10% | 65% |
| Usual working pattern | Rotating nights, weekends and call-outs | Fixed weekday daytime |
Analyse how the labour-market information in Table 1 could account for industrial refrigeration mechanics earning more per hour than paper records clerks.
149 exam-style questions on AQA GCSE Economics 1.5 Competitive and concentrated markets, covering 1.5.1a The range of market structures, 1.5.1b Distinguishing between market structures, 1.5.2a Characteristics of a competitive market, 1.5.2b How producers operate in competitive markets, 1.5.2c The economic impact of competition, 1.5.3a Characteristics of a non-competitive market, 1.5.3b How producers operate in non-competitive markets, 1.5.3c Monopoly and oligopoly, 1.5.4a The labour market and wage determination, and 1.5.4b Gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.