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1.1 Main economic groups and factors of production

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Question 12

The government requires theatre companies to include every compulsory booking fee in the ticket prices they advertise. Customers pay the theatre companies to attend their performances.

Which statement is correct?

[1]
A

The government is setting rules that producers must follow

B

The government is seeking profit from the tickets sold

C

Customers act as producers when they pay for tickets

D

Theatre companies act as consumers when they sell performances

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

77 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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