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AQA A LEVEL BUSINESS 7132/1 PAPER BUSINESS 1 VERSION 1.0 FINAL QUESTION PAPERS & MERGED MARKING SCHEME | JUNE 2023
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Which of the following will cause spare capacity in a business to rise? [1 mark] A New competitors are entering the market. B The business closes some factories. C The business’s product becomes more fashionable. D There is a successful advertising campaign. 0 2 Statement 1: ‘Value added can be increased by creating barriers to entry.’ Statement 2: ‘Value added can be increased by lowering unit costs.’ Read statements 1 and 2 and select the correct option from the following: [1 mark] A Statement 1 is true. Statement 2 is true. B Statement 1 is true. Statement 2 is false. C Statement 1 is false. Statement 2 is true. D Statement 1 is false. Statement 2 is false.
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AQA A LEVEL BUSINESS
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AQA A LEVEL BUSINESS
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