An apple-juice business uses farmland where apple trees grow, workers who harvest apples and operate machinery, and an apple-pressing machine. A shop is considering placing an order for more juice than the business usually produces. Before the shop confirms the order, the owner decides to employ additional workers and buy a second apple-pressing machine.
Identify one example of land, one example of labour and one example of capital used by the business.
Explain how the owner's decision to employ additional workers and buy a second apple-pressing machine demonstrates enterprise.
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.