Economics Multiple Choice Question – 29 August 2018

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

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