Economics Multiple Choice Question – 23 May 2018

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

Economics

Which goods have more elastic demands?

Select ONE answer:

  1. goods which are necessities
  2. goods with few substitutes
  3. goods whose purchase represents a small percentage of income
  4. goods with many substitutes

What is the implication for firms of changes in unemployment?

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

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

The answer is 4

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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