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2.6 Production

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Question 1

A bicycle repair firm sells three types of service during one month. Each booking represents one service sold, and the table shows all the services sold that month.

ServiceQuantity soldPrice per service
Puncture repair120£18.00
Brake adjustment60£42.00
Full service20£81.00

Calculate the firm's average revenue per service sold. Show your working.

[3]
Markscheme

2.6 Production Questions

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

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.

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