Economics Multiple Choice Question – 29 October 2018

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

If Apple could produce more computers at lower long-run average cost by increasing the quantity of the inputs it uses, Apple definitely would experience …….?

Select ONE answer:

  1. Decreasing marginal returns.
  2. Economies of scale.
  3. Increasing marginal returns.
  4. Diseconomies of scale.

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 2

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