Question Paper & Mark Scheme (Merged) June 2025 [VERIFIED]
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IB/M/Jun25/G4006/V7
8 1 3 2 /1
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Answer all questions in the spaces provided.
For questions with three or four responses, only one answer per question is allowed.
For each multiple-choice question, completely fill in the circle alongside the appropriate answer.
CORRECT METHOD WRONG METHODS
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shown.
0 1 . 1 Which of the following is an advantage of job production?
[1 mark]
A Allows a business to achieve economies of scale
B Allows for specialisation of workers
C Allows large quantities to be produced
D Allows the customisation of products
0 1 . 2 Which of the following pairs of legal structures both benefit from limited liability?
[1 mark]
A Ltd and sole traders
B Partnerships and sole traders
C Plc and Ltd
D Plc and sole traders
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0 1 . 3 box
Which of the following is an economic influence on businesses?
[1 mark]
A Changes in global warming
B Changes in legislation
C Changes in levels of employment
D Changes in technology
0 1 . 4 Which of the following is a method of digital
communication? [1 mark]
A Computer-aided design
B Laptop computers
C Leaflets
D Social media
0 1 . 5 Which of the following is the formula for average unit
costs? [1 mark]
A (Total fixed costs + total variable costs) ÷ number of units produced
B (Total fixed costs + total variable costs) × number of units produced
C (Total fixed costs + total variable costs) ÷ number of units sold
D (Total fixed costs + total variable costs) × number of units sold
Question 1 continues on the next page
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