After completing a skills course, a self-employed bicycle repairer can complete her 30 weekly customer repairs in 30 hours. Before the course, the same number of repairs took 40 hours. She does not currently have any additional bookings.
Analyse what the improvement in productivity could mean for the repairer's business and for economic growth.
83 exam-style questions on OCR GCSE Economics 2.6 Production, covering 2.6.1 Role of producers, 2.6.2 Importance of production and productivity, 2.6.3 Calculate cost, revenue, profit and loss, 2.6.4 Explain cost, revenue, profit and loss, 2.6.5 Cost, revenue and profit for producers, and 2.6.6 Economies of scale. Each one has a worked solution and a mark scheme showing where the marks go.