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EnglandBusinessQuick questions

3.1 Business in the real world

Quick questions on The purpose of business activity - AQA GCSE Business

2short Q&A pairs drawn directly from our worked dot-point answer. For full context and worked exam questions, read the parent dot-point page.

What is q1?
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State the four factors of production. [4 marks]
What is q2?
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A firm buys materials for 3andsellsthefinisheditemfor3 and sells the finished item for 8. State the value added. [1 mark]

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