Economics Multiple Choice Question – 25 October 2018

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

In the figure below, when 20 units are produced the marginal cost is?

Table 29

Select ONE answer:

  1. $8.
  2. More than $8 and less than $16.
  3. Less than $8.
  4. None of the above answers is correct.

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

This multiple choice question is suitable for Economics KS5 classes.

The answer is 3

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