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EnglandEconomicsQuick questions
1.8-1.10 Production, the labour market and money
Quick questions on Costs, revenue and profit - OCR GCSE Economics (J205)
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?Show answer
A firm sells 200 units at each. State its total revenue. [2 marks]
What is q2?Show answer
Explain one source of economies of scale. [3 marks]
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