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A-LevelEconomicsBasic Economic Ideas and Resource AllocationOct/Nov 2014Paper 1 Q41 Mark

Arfan and his brother Ben own and run a fishing business together. They have one employee, Cephas, who helps on the days when they fish. They employ Dipak. They sell the fish to the owner of a shop. Which row correctly identifies the factors of production involved?

Ashop | Arfan and Ben | money paid for the fish | shop owner
Bshop | Cephas and Dipak | boat | Arfan
Cthe fish | Ben | money paid for the fish | shop owner
Dthe fish | Cephas and Dipak | boat | Arfan and Ben

✓ Correct Answer

The correct answer is D: the fish | Cephas and Dipak | boat | Arfan and Ben

📋 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...

🎯 Mark Scheme Breakdown

Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.

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About This A-Level Economics Question

Topic

This multiple-choice question tests Basic Economic Ideas and Resource Allocation in A-Level Economics (syllabus code 9708). It is worth 1 mark.

Source

This question appeared in the Cambridge A-Level Economics Oct/Nov 2014 examination, Paper 1 Variant 2.

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