O-LevelEconomicsMicroeconomic decision makers2281/12 · Oct/Nov 2014 · Q151 Mark

The table shows output and total costs of production of a firm with three workers. [Figure] How did output per worker and average cost of the product change over the period?

This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.

Aoutput per worker: decrease, average cost: no change

Boutput per worker: increase, average cost: decrease

Coutput per worker: increase, average cost: no change

Doutput per worker: no change, average cost: increase

✓ Correct answer

B: output per worker: increase, average cost: decrease

Oracle Prep sorts past-paper questions by topic, so you can drill Microeconomic decision makers and see which topics are most likely to come up next.

Topic: Microeconomic decision makers, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source: O-Level Economics, Oct/Nov 2014 Paper 1 Variant 2, question 15.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content