Economics Multiple Choice Question – 19 August 2018

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

If peanut butter and jelly are complements, then their cross elasticity of demand must be …….

Select ONE answer:

  1. a number between zero and one.
  2. a positive number that might be greater than 1.
  3. infinitely high.
  4. a negative number.

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 4

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