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1.4 Production, costs, revenue and profit

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Question 46

A plant nursery grows young trees for sale.

During one year, which change shows that the nursery's production has decreased?

[1]
A

The nursery's total spending on wages falls.

B

The number of workers employed by the nursery falls.

C

The total number of young trees grown falls.

D

The number of young trees grown per hectare falls.

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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