(a)[8]
Explain how division of labour can influence labour productivity.
(b)[12]
Discuss how the operation of a barter economy would be changed by the introduction of money.
Economics 9708 · AS & A Level · Factors of production
Factors of production — practice question
Worked solution & mark scheme
This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Understanding of productivity (output per worker) and division of labour (specialisation involves breaking working processes into smaller parts and concentrating on one aspect).” …
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