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1.2 Resource allocation

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Question 17

Demand for home-care visits increases. Providers compete for home-care workers, so the wage for home-care work rises. People can choose between home-care work and another type of work.

What signal does this give people deciding which type of work to do?

[1]
A

The higher wage rewards moving into home-care work from another type of work

B

The higher wage shows that fewer home-care workers are needed

C

The higher wage is payment for home-care visits rather than for labour

D

The higher wage rewards moving out of home-care work into another type of work

Markscheme

1.2 Resource allocation Questions

  1. GCSE
  2. /Economics
  3. /1.2 Resource allocation

84 exam-style questions on AQA GCSE Economics 1.2 Resource allocation, covering 1.2.1a Markets, 1.2.1b Allocation of resources, 1.2.1c Factor and product markets, 1.2.2a Primary, secondary and tertiary sectors, 1.2.2b Goods and services, 1.2.3a Specialisation and the division of labour, 1.2.3b How and why producers specialise, and 1.2.3c Costs and benefits of the division of labour. Each one has a worked solution and a mark scheme showing where the marks go.

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