O-LevelCommerceProductionOct/Nov 2012Paper 1 Q21 Mark
The diagram below shows a chain of production for a wooden box. cost of planting trees used to make a box $5 manufacturer buys wood at a price of $15 retailer buys a wooden box at a price of $48 consumer buys a wooden box in a shop at a price of $72 How much value does the manufacturer add in the making of the wooden box?
A$10
B$20
C$24
D$33
✓ Correct Answer
The correct answer is D. This question tests the candidate's understanding of production within the Commercesyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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