A printing business can assign the same workers and presses to restaurant menus or food packaging. More restaurants adopt digital menus, reducing the price paid for printed menus, while the return from food-packaging orders is unchanged. Which change in resource allocation is most likely?
Workers and presses move from menu printing to food packaging because the return from printed menus has fallen
Workers and presses move from food packaging to menu printing because a lower menu price signals stronger demand
The business withdraws workers and presses from both activities because all printed products form one market
The business leaves workers and presses where they are because prices ration buyers but do not guide producers
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.