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Question bank·1.1 Main economic groups and factors of production
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1.1 Main economic groups and factors of production

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Question 20

A parcel depot is comparing two production methods. Each method uses the same type of automated sorting machine.

Production methodWorkers per shiftAutomated sorting machinesParcels sorted per hour
A2441,200
B10101,200
a.

Using the data, explain which production method is more capital-intensive.

[2]
b.

The hourly wage paid to each worker increases, while the hourly cost of using a sorting machine does not change. Explain how the depot is likely to change its mix of factors of production.

[2]
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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