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2.1 The role of markets

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Question 21

A dental practice hires receptionists to book patients in for check-ups.

a.

State whether the hiring of receptionists takes place in a factor market or a product market.

[1]
b.

State the name given to the price the dental practice pays for the labour of its receptionists.

[1]
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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