A commercial laundry sells cleaning services to care homes, which pay according to the mass of laundry cleaned. The business employs production workers and hires industrial washing machines.
| Week | Laundry booked for cleaning (kg) | Production workers employed | Industrial washing machines hired |
|---|---|---|---|
| 1 | 18,000 | 36 | 12 |
| 2 | 22,500 | 45 | 15 |
| 3 forecast | 27,000 | To be calculated | To be calculated |
For week 3, the laundry plans to keep the kilograms cleaned per worker and per machine unchanged.
Using the data, explain how the changes from week 1 to week 2 show that factor and product markets are interdependent.
Calculate the number of production workers and industrial washing machines the laundry will need in week 3.
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.