A factory raises output from 1,000 to 1,200 units using the same number of workers. What has happened?
Labour productivity has increased
Average revenue must have fallen
Total cost must be unchanged
Production has decreased
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.