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1.4 Production, costs, revenue and profit

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Question 17

Table 1 shows changes at a parcel-sorting centre after new scanners were introduced.

MeasureBefore scannersAfter scanners
Parcels per worker-hour2433
Sorting error rate4.5%1.8%
Weekly equipment lease£0£3,600

Using Table 1, analyse how the scanners may affect the centre's productivity and profit.

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Markscheme

1.4 Production, costs, revenue and profit Questions

  1. GCSE
  2. /Economics
  3. /1.4 Production, costs, revenue and profit

138 exam-style questions on AQA GCSE Economics 1.4 Production, costs, revenue and profit, covering 1.4.1a Business objectives, 1.4.1b Types of costs and revenue, 1.4.1c Calculating profit, 1.4.1d Profit as an incentive to produce, 1.4.1e Moral and ethical considerations, 1.4.2a Production versus productivity, 1.4.2b Factors and benefits of productivity, 1.4.3a Economies of scale and business behaviour, 1.4.3b Types of economy of scale, and 1.4.3c Diseconomies of scale. Each one has a worked solution and a mark scheme showing where the marks go.

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