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1.2 Resource allocation

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Question 46

A regional investment fund awarded grants to local businesses. The grants are listed below by each business's main activity.

Main activityGrants awarded (£ million)
Fishing14
Forestry9
Steel making35
Oil refining25
Transport29
Education27
Tourism19

What is the total amount of grant funding awarded to businesses carrying out secondary-sector activities?

[1]
A

£35 million

B

£23 million

C

£89 million

D

£60 million

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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