plumiThe importance of cost, revenue and profit for producers: AQA GCSE Economics questions
AQA GCSE Economics past-paper questions on 3.1.4.1 The importance of cost, revenue and profit for producers, 2020–2025, with mark schemes and examiner’s reports where available.
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All 18 questions on The importance of cost, revenue and profit for producers, as a list
- June 2025, Paper 1, Q9 (1 mark): Which of the following would be an example of the motivations of producers conflicting with ethical or moral interests? [1 mark]
- June 2025, Paper 1, Q10 (1 mark): 30 120 150 When the firm increases its output from 20 to 30 units [1 mark]
- June 2025, Paper 1, Q11 (2 marks): 1 1 State two possible business objectives. [2 marks]
- June 2025, Paper 1, Q23 (3 marks): Ovo 11.2 5 000 000 20 EDF Energy 9.5 3 600 000 1 100 Scottish Power 7.8 3 000 000 487 In recent years, the ‘Big 6’ energy firms have been criticised for exploit
- June 2024, Paper 1, Q7 (1 mark): Identify which of the following is not an example of the actions of producers conflicting with moral and ethical interests. [1 mark]
- June 2024, Paper 1, Q14.1 (2 marks): 1 4 . 1 The following data relate to a business that has made 1500 pancakes. • Average cost per pancake: £1.90 • Selling price per pancake: £4.00 Calculate the
- June 2024, Paper 1, Q14.2 (2 marks): 1 4 . 2 Explain one way the pancake business could increase its profit. [2 marks]
- June 2023, Paper 1, Q5 (1 mark): Which of the following is an example of a variable cost? [1 mark]
- June 2023, Paper 1, Q14.1 (2 marks): 1 4 . 1 Using Table 2, calculate the average fixed cost of making 15 surfboards. [2 marks]
- June 2023, Paper 1, Q14.2 (2 marks): 1 4 . 2 Explain one business objective Paul might have. [2 marks]
- June 2023, Paper 1, Q23 (3 marks): 2 3 Using Item A and Figure 5, calculate the estimated total cost per kilometre of HS2. Give your answer to the nearest £. [3 marks]
- June 2022, Paper 1, Q7 (1 mark): Which one of the following is most likely to be a fixed cost for a business? [1 mark]
- June 2022, Paper 1, Q10 (1 mark): 1 0 A clothes shop records the following T-shirt sales over a 2-week period: Number of T-shirts sold Price per T-shirt (£) Week 1 40 10 Week 2 20 16 What is the
- June 2022, Paper 1, Q19.1 (2 marks): 1 9 . 1 Using Table 2, calculate the average cost of making 300 sandwiches per week. [2 marks]
- June 2022, Paper 1, Q19.2 (2 marks): 1 9 . 2 Explain one possible business objective that the owners of the sandwich shop may have. [2 marks]
- November 2021, Paper 1, Q6 (1 mark): Which of the following is most likely to be a variable cost for a business? [1 mark]
- November 2021, Paper 1, Q18 (2 marks): 1 8 Explain one ethical issue that may result from producers seeking to earn very high profits. [2 marks]
- November 2021, Paper 1, Q19.1 (2 marks): 1 9 . 1 Using Figure 3, calculate the weekly revenue made by the restaurant if it charges a price of £7 per pizza. [2 marks]
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