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Guiding questions
6(c) Analyse what determines a firm’s demand for capital goods. (6) [0455-w16-ms-22
3(a) Identify two examples of capital goods that may be used by a farm. (2) [0455-s18-22]
4(d) Discuss whether a country would benefit from devoting more resources to producing
more capital goods. (8) [0455-s17-ms-21]
Guiding questions
4(a) Define capital intensive (2) [0455-s16-ms-22]
6(a) Identify two features of a capital intensive production process. (2) [0455-s18-ms-23]
3(b) Explain two reasons why a firm may become more capital intensive as it grows. (4) [0455-
w19-ms-21]
3(d) Discuss whether or not introducing more capital intensive production methods will
increase a firm’s profits. (8) [0455-w19-ms-23]
Team 7: Define labour intensive, reasons for adopting labour intensive method, its advantages and
disadvantages.
Lomongin Emily
Mary Fidelis Athieno
Stefan Angello
Micah Lukwiya
Guiding questions
5(a) What is meant by a labour intensive industry? (2) [0455-w17-ms-22]
3(b) Explain two reasons why a firm may decide to use more labour and less capital in
producing its products. (4) [0455-m17-ms-22]
Guiding questions
5(b) Explain the difference between production and productivity. (4) [0455-w18-ms-21]
REQUIRED:
Use the Cambridge IGCSE and O level Economics text book by Susan Grant, Exam
Success in Economics for Cambridge IGCSE and O level (Oxford University Press),
the Internet and any other resources to develop notes and a presentation on
your assigned sub topic.