Two firms make identical school uniforms. Their weekly labour data are shown below.
| Firm | Workers | Hours per worker | Hourly wage | Weekly output |
|---|---|---|---|---|
| A | 9 | 36 | £14 | 2520 |
| B | 7 | 36 | £16 | 2016 |
How much greater is Firm B's labour cost per uniform than Firm A's?
£2.00
£504
£0.20
£1.80
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.