Economics Multiple Choice Question – 9 March 2018

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

A decrease in the demand for beef because of concerns over cholesterol will result in ……?

Select ONE answer:

  1. An offsetting increase in the demand for beef if the price of beef falls.
  2. Higher beef prices.
  3. An increase in the supply of beef.
  4. Lower beef prices.

What is meant by the business objective of “market share”?……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 4

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