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2.6 Production

2.6 Production

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Question 7

A firm's total cost is £12,000 when it produces 800 units. What is its average cost?

[1]
A

£15

B

£96

C

£800

D

£9,600

Markscheme

2.6 Production Questions

  1. GCSE
  2. /Economics
  3. /2.6 Production

30 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.

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