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1.1 Main economic groups and factors of production

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Question 10

The government requires safer toys, firms alter production and consumers pay a slightly higher price. What does this best illustrate?

[1]
A

The three main economic groups are interdependent

B

Government decisions affect producers but never consumers

C

Consumers provide all the capital used by firms

D

Producers can ignore government decisions

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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