Economics Multiple Choice Question – 5 March 2018

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

As the price of a pound of peanuts falls, then the …….?

Select ONE answer:

  1. Quantity of peanuts supplied will decrease.
  2. Quantity of peanuts supplied will increase.
  3. Supply of peanuts will decrease.
  4. Supply of peanuts will increase.

What is meant by “the importance of opportunity costs to producers”?

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

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

The answer is 1

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