Economics Multiple Choice Question – 3 March 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which of the following will decrease the supply of restaurant meals?

Select ONE answer:

  1. The demand for restaurant meals decreases.
  2. Consumers’ income increases and restaurant meals are a normal good.
  3. Waiters get a pay raise.
  4. The price of movies, a complement to restaurant meals, falls.

What is meant by “potential trade-offs”?

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Economics KS5 classes.

The answer is 3

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