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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 21

A pottery firm makes mugs by hand. Its production workers have just been given a large pay rise. The firm is considering buying an automated machine that shapes and fires mugs.

Explain how buying the machine could change the firm's mix of factors of production and why the pay rise might lead the firm to make this change.

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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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