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1.1 Main economic groups and factors of production

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Question 15

A podcast production business owns the site its studio stands on, the studio building and its recording equipment, and employs trained editors. No one in the business is prepared to decide which programmes should be made when future listener demand is uncertain.

Which factor of production is missing from this business?

[1]
A

Labour

B

Land

C

Capital

D

Enterprise

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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