Economics Multiple Choice Question – 25 August 2018

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

________ can prevent the efficient allocation of resources.

Select ONE answer:

  1. Competitive markets 
  2. Marginal cost
  3. The equilibrium price
  4. Price floors

Explain how firms respond to a change in demand:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 4

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