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2.3 Supply

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Question 18

Three pottery workshops plan to supply the following quantities of ceramic mugs each week at different prices.

Price per mugWorkshop AWorkshop BWorkshop C
£81209070
£1016011090

Calculate the market supply at £8 per mug and how much greater market supply is at £10 per mug than at £8.

[2]
Markscheme

2.3 Supply Questions

  1. GCSE
  2. /Economics
  3. /2.3 Supply

81 exam-style questions on OCR GCSE Economics 2.3 Supply, covering 2.3.1 What is supply, 2.3.2 Draw a supply curve using data, 2.3.3 Explain a supply curve, 2.3.4 Shifts and movements of the supply curve, 2.3.5 Causes and consequences of supply changes, 2.3.6 Price elasticity of supply, 2.3.7 Draw supply curves of different elasticity, and 2.3.8 Importance of price elasticity of supply. Each one has a worked solution and a mark scheme showing where the marks go.

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