Economics Multiple Choice Question – 30 June 2018

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

The demand for ________ is more elastic than the demand for ________.

Select ONE answer:

  1. Pepsi; all soft beverages
  2. food; exotic vacations
  3. all personal computers; Dell computers
  4. chewing gum; cars

What is the implication on demand of consumer objectives and decisions?

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

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

The answer is 1

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