Day: October 26, 2018

Economics Multiple Choice Question – 26 October 2018

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

Increasing marginal returns means that as the firm expands its output, its …….?

Select ONE answer:

  1. Long-run average total cost increases.
  2. Long-run average total cost decreases.
  3. Short-run average total cost decreases.
  4. Short-run average total cost increases.

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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