Economics Multiple Choice Question – 8 July 2018

The concept of elasticity of supply measures the responsiveness of the ……. ?

Select ONE answer:

1. quantity supplied to a change in price.
2. quantity demanded to a change in quantity supplied.
3. price to a change in quantity supplied.
4. quantity supplied to a change in quantity demanded.

Explain how changes in advertising and branding may cause a shift in the demand curve:

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

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

The answer is 1

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