Moorland specialises in producing ceramics. The table shows the value of output per worker and the share of local jobs in ceramics in Moorland and in a region with a wider range of industries.
| Region | Value of output per worker per week | Share of local jobs in ceramics |
|---|---|---|
| Moorland | £1,200 | 42% |
| Region with a wider range of industries | £850 | 8% |
Using the data, explain one benefit Moorland may gain from specialising in ceramics and one risk to Moorland if demand for ceramics falls.
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.