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Economic Factors of Production · CSEC Agricultural Science

26 past-paper questions on Economic Factors of Production, part of Section D: The Business of Farming, from every CSEC Agricultural Science paper on Quelpr.

Practise Economic Factors of Production
  1. 7(a)2 marks· CSEC Agricultural Science · 2010 (second paper) · Paper 2Using price and quantity, explain what is happening at point B of Figure 2.
  2. 7(b)(i)1 mark· CSEC Agricultural Science · 2010 (second paper) · Paper 2If the price of tomato increases from 2.00 to 4.00, what will be the quantity demanded?
  3. 7(b)(ii)2 marks· CSEC Agricultural Science · 2010 (second paper) · Paper 2If the price of tomato increases from 2.00 to 4.00, suggest TWO ways by which the consumer will respond to the increase in price.
  4. 7(b)(iii)1 mark· CSEC Agricultural Science · 2010 (second paper) · Paper 2If the price of tomato increases from 2.00 to 4.00, how will the farmer MOST likely respond?
  5. 7(b)(iv)1 mark· CSEC Agricultural Science · 2010 (second paper) · Paper 2If the price of tomato increases from 2.00 to 4.00, what will be the quantity supplied?
  6. 7(d)3 marks· CSEC Agricultural Science · 2010 (second paper) · Paper 2State the law of diminishing returns, using an example of a crop grown on a farm.
  7. 2(b)(i)2 marks· CSEC Agricultural Science · May/June 2007 · Paper 2From your study of agricultural economics, name the curves labelled X and Y in Figure 1.
  8. 2(b)(ii)1 mark· CSEC Agricultural Science · May/June 2007 · Paper 2State what the point P represents with respect to price and quantity in Figure 1.
  9. 2(b)(iii)3 marks· CSEC Agricultural Science · May/June 2007 · Paper 2The curve labelled Z shows a shift to the left of curve X. Explain, giving THREE reasons, what could have caused this shift.
  10. 2(a)1 mark· CSEC Agricultural Science · May/June 2008 · Paper 2State ONE economic factor of production, OTHER THAN capital.
  11. 2(c)2 marks· CSEC Agricultural Science · May/June 2008 · Paper 2Give TWO reasons to show how acquiring capital allows the farmer to improve business profitability through economies of scale.
  12. 7(a)2 marks· CSEC Agricultural Science · May/June 2010 · Paper 2Using price and quantity, describe what is occurring at point B in Figure 2.
  13. 7(b)(i)1 mark· CSEC Agricultural Science · May/June 2010 · Paper 2State the quantity demanded if the price of tomato rises from 2.00 to 4.00.
  14. 7(b)(ii)2 marks· CSEC Agricultural Science · May/June 2010 · Paper 2Suggest TWO ways consumers will respond to this price increase.
  15. 7(b)(iii)1 mark· CSEC Agricultural Science · May/June 2010 · Paper 2Describe how the farmer will most likely respond to the price increase.
  16. 7(b)(iv)1 mark· CSEC Agricultural Science · May/June 2010 · Paper 2State the quantity supplied when the price increases to $4.00.
  17. 7(d)3 marks· CSEC Agricultural Science · May/June 2010 · Paper 2State the law of diminishing returns, giving an example using a farm crop.
  18. 1(a)2 marks· CSEC Agricultural Science · May/June 2011 · Paper 2State TWO factors of production that she must consider.
  19. 2(a)2 marks· CSEC Agricultural Science · May/June 2012 · Paper 2Identify X and Y in Figure 1.
  20. 7(a)(i)1 mark· CSEC Agricultural Science · May/June 2012 · Paper 2Define the term 'Working capital'.
  21. 7(a)(ii)1 mark· CSEC Agricultural Science · May/June 2012 · Paper 2Define the term 'Fixed capital'.
  22. 1(a)2 marks· CSEC Agricultural Science · May/June 2016 · Paper 2Use the letters from the diagram to identify the demand curve and the supply curve.
  23. 1(b)2 marks· CSEC Agricultural Science · May/June 2016 · Paper 2Suggest TWO reasons for a reduction in the price of yam from 50 to 20 per kg within the last month.
  24. 2(a)2 marks· CSEC Agricultural Science · May/June 2017 · Paper 2State TWO factors of production, other than land, that a farmer should consider when expanding his farm.
  25. 7(b)4 marks· CSEC Agricultural Science · May/June 2017 · Paper 2Describe the impact on the production of seedlings of hiring additional workers at Stage II and Stage III.
  26. 7(c)2 marks· CSEC Agricultural Science · May/June 2017 · Paper 2Suggest TWO ways in which farmers may respond to an increase in the price of citrus seedlings.

Related topics in Section D: The Business of Farming