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2.1 The role of markets

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Question 26

A self-storage firm rents a warehouse from a household and sells storage services to customers.

Explain one difference between the self-storage firm's role in the factor market and its role in the product market.

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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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