Economics Multiple Choice Question – 9 July 2018

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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