Economics Multiple Choice Question – 9 July 2018

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

A supply curve that is horizontal reflects a supply that  ……. ?

Select ONE answer:

  1. is elastic.
  2. has a zero elasticity. 
  3. is inelastic.
  4. is unit elastic. 

Explain how changes in size and age distribution of the population 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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