Economics Multiple Choice Question – 29 August 2018

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

A price floor is …….

Select ONE answer:

  1. a price below which a seller cannot legally sell.
  2. a price above which a seller cannot legally sell.
  3. a price that creates a surplus of the good if it is set above the equilibrium price.
  4. both answers A and C are correct.

Explain what is primary market research data:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

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

The answer is 4

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.