A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2024 · Q31 Mark

A wine producer and bottler wanted to expand its production significantly. To finance the expansion it offered investors discounts on restaurant meals if they bought 2000 shares in the company. Which factors of production are most likely to be involved in this expansion?

Alabour, land, capital and enterprise

Blabour, land and capital only

Centerprise and land only

Denterprise only

✓ Correct answer

A: labour, land, capital and enterprise

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Topic: Basic economic ideas and resource allocation, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, Oct/Nov 2024 Paper 1 Variant 2, question 3.

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A wine producer and bottler wanted to expand its production significantly. To finance the expansion it offered investors discounts on restaurant meals if they bought 2000 shares in the company. Which factors of production are most likely to be involved in this expansion?

✓ Correct answer

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