A ferry operator has expanded its services across several regions. Which change would demonstrate a financial economy of scale for the expanded ferry operator?
Its larger ferries carry more passengers on each crossing.
It borrows a larger sum while paying the same interest rate.
It pays a lower interest rate on the money it borrows.
Its wider route network absorbs a setback in one region.
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.