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2.1 The role of markets

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Question 16

A recording studio employs sound engineers. Musicians book recording sessions at the studio.

Explain one way in which the studio's role in the factor market differs from its role in the product market.

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Markscheme

2.1 The role of markets Questions

  1. GCSE
  2. /Economics
  3. /2.1 The role of markets

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.

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