(a)[8]
Explain whether the factors of production are always equally important in economic terms both within and between economies.
(b)[12]
Discuss whether planned economies ought always to be replaced by free market economies.
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: “For showing knowledge and understanding of the factors of production and what they do.” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI