A-LevelEconomicsThe price system and the microeconomy9708/31 · Oct/Nov 2018 · Q191 Mark

What would result in a reduction in labour costs per unit of output? A an increase in average earnings which is less than the increase in employment B an increase in labour productivity which is less than the increase in average earnings C an increase in output which is greater than the increase in labour earnings D an increase in wage rates which is greater than the increase in output per worker

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2018). The mark or mark type is shown in brackets.

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Topic: The price system and the microeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2018 Paper 3 Variant 1, question 19.

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