9708/21/O/N/18 [Sample answer]

• Explain how capital goods contribute to production in a modern economy and how capital is rewarded. [8] 

9708/23/M/J/18 [sample answer]

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. 

• State and explain two factors of production needed for the manufacture of chocolate. Explain the benefits of specialisation in the manufacture of chocolate. [8]