A clothing firm installs automated cutting machines, employs fewer cutters and asks its owner to redesign the production process. Which change in its combination of factors is most accurate?
Land rises, capital falls and labour bears the financial risk
Labour rises, enterprise falls and capital provides natural resources
Enterprise rises, land falls and capital becomes unnecessary
Capital rises, labour falls and enterprise helps reorganise 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.