Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

(a)[8]

Explain the factors that determine the size and productivity of a country’s labour force.

(b)[12]

Discuss the difficulties governments encounter when attempting to produce accurate unemployment statistics.

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Definition of labour force and productivity (labour force = proportion of population in employment or available for work; productivity = output per worker)

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI