CIE AS Topical Past Paper 2
1.3 Factors of production
9708/21/O/N/18
a) Explain how capital goods contribute to production in a modern economy and how capital is rewarded. [8] [Sample answer]
9708/23/M/J/18
In 2015, it was reported that the global demand for chocolate was projected to increase but it was unlikely that the global supply of cocoa beans, required to produce chocolate, would increase.
a) State and explain two factors of production needed for the manufacture of chocolate. Explain the benefits of specialisation in the manufacture of chocolate. [8]