A region has several firms that make equipment for theatres. These firms use a shared pool of trained workers and specialist suppliers, and sell to venues across the UK. Seven out of every ten manufacturing jobs in the region are in this industry. Orders from venues can vary from year to year. The regional council is considering support for firms that want to expand theatre-equipment production.
Evaluate whether the regional council should support the expansion of theatre-equipment production.
76 exam-style questions on OCR GCSE Economics 2.1 The role of markets, covering 2.1.1 What is a market, 2.1.2 Primary, secondary and tertiary sectors, 2.1.3 Factor and product markets, and 2.1.4 Specialisation and exchange. Each one has a worked solution and a mark scheme showing where the marks go.