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2.6 Production

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Question 2

A dog-grooming business records the following for one week:

Business recordAmount
Grooming appointments sold35
Price per appointment£78
Total costs£2,960

Using these figures, calculate the business's profit or loss for the week, stating which it is. Show your working.

[2]
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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