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1.1 Main economic groups and factors of production

1.1 Main economic groups and factors of production

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Question 1

Harbour Bakery is choosing how to combine its factors of production. Both methods use the same rented bakery and are organised by the same owner.

Production methodProduction workersComputer-controlled ovensBatches per night
Labour-intensive14280
Capital-intensive66100

Analyse how selecting the capital-intensive method would change the way Harbour Bakery combines its factors of production.

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Markscheme

1.1 Main economic groups and factors of production Questions

  1. GCSE
  2. /Economics
  3. /1.1 Main economic groups and factors of production

29 exam-style questions on OCR GCSE Economics 1.1 Main economic groups and factors of production, covering 1.1.1 Role of main economic groups and 1.1.2 Factors of production. Each one has a worked solution and a mark scheme showing where the marks go.

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