Business 0450 · IGCSE · Production of goods and services

Production of goods and services — practice question

(a)[8]

Explain four causes of changes in consumer spending patterns for a product.

(b)[12]

Consider these two methods EP could use to increase efficiency in its factory. Which one would be the best choice for EP? Justify your answer. • Improving labour skills • Introducing more automation and technology

Worked solution & mark scheme

This 20-mark question has a full step-by-step worked solution and mark scheme. One marking point: Shifts in consumer tastes and fashions that alter demand

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