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1.4 Production, costs, revenue and profit

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Question 82

Four bookbinding firms changed their staffing levels and working hours between Week 1 and Week 2. Their output is measured in finished notebooks.

FirmWeek 1 workersWeek 1 hours per workerWeek 1 outputWeek 2 workersWeek 2 hours per workerWeek 2 output
A8352,80010303,450
B10303,6009323,744
C12323,84010364,320
D9405,40012306,300

Which firm had the largest percentage increase in output per worker-hour from Week 1 to Week 2?

[1]
A

Firm B

B

Firm C

C

Firm D

D

Firm A

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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