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A-LevelEconomicsTheory of the FirmFeb/Mar 2019Paper 3 Q111 Mark

When a firm increases all its inputs fourfold, its output increases threefold.

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The correct answer is . This question tests the candidate's understanding of theory of the firm within the Economicssyllabus. The examiner's mark scheme requires...

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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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About This A-Level Economics Question

This structured question appeared in the Cambridge A-Level Economics (9708) Feb/Mar 2019 examination, Paper 3 Variant 2. It tests the topic of Theory of the Firm and is worth 1 mark.

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