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2 marksMarket Structure

CAPE Economics Unit 1 · 2006 · Paper 1 · Question 11(a)

Explain briefly the difference between interest and profits.

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Other parts of this question

  1. 11(b)John told Jane that the price of sugar is an important factor influencing the price of land on which sugar cane is planted. Explain why this may be so.[2 marks]
  2. 11(c)List TWO factors of production and explain how the reward of any ONE of them relates to the cost of production.[2 marks]

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