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1.2 Resource allocation

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Question 24

Between 2014 and 2024, the value of all the output produced in a rural region of the UK grew from £48 billion to £60 billion. In 2014 the primary sector produced 4% of the region's output; by 2024 this had dropped to 2.5%.

Calculate by how much the value of the region's primary-sector output changed between 2014 and 2024.

[3]
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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