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1.4 Production, costs, revenue and profit

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Question 60

A print-finishing workshop employs 12 workers. Its workers complete the following numbers of folders each day:

PeriodFolders completed per day
Before training720
After training840
a.

Calculate the increase in labour productivity, in folders per worker per day, after the training.

[2]
b.

Explain how training could have led to the increase in labour productivity.

[2]
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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