Dev is employed by a digital archiving business. He uses his training and experience to schedule the employees who convert paper records into computer files. Saira owns the business. She decides which services it will offer and how many workers to employ, and she would bear any loss if the business failed.
Explain why Dev and Saira mainly provide different factors of production.
81 exam-style questions on AQA GCSE Economics 1.1 Economic foundations, covering 1.1.1a Needs and wants, 1.1.1b The central purpose of economic activity, 1.1.1c Key economic decisions, 1.1.1d The main economic groups, 1.1.2a The nature of an economic resource, 1.1.2b The four factors of production, 1.1.3a The basic economic problem and making choices, and 1.1.3b Opportunity cost. Each one has a worked solution and a mark scheme showing where the marks go.