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2.1 The role of markets

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Question 18

Sheep farms in one region supply all the wool used by a nearby textile mill. The mill spins and weaves the wool into fabric, and it also sells some of that fabric to the public from a shop on the same site.

PeriodWool supplied by the farms (tonnes)Fabric produced by the mill (tonnes)
Year before a drought10060
Year after a drought7545
a.

Explain why the textile mill operates in more than one sector of production.

[2]
b.

Using the data, explain why the textile mill's output changed after the drought.

[2]
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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