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1.4 Production, costs, revenue and profit

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Question 21

A theatre company changes how its stage crew organise backstage work.

Which finding would show that the change has raised labour productivity?

[1]
A

More performances are completed, while the number of crew rises by the same percentage

B

The same number of performances is completed each week by fewer stage crew

C

Weekly ticket revenue rises, while the number of crew stays unchanged

D

More performances are completed, while the number of crew rises by a larger percentage

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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