Day: October 30, 2018

Economics Multiple Choice Question – 30 October 2018

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

When long-run average cost increases as output increases there are …….?

Select ONE answer:

  1. Constant returns to scale.
  2. Economies of scale.
  3. Diseconomies of scale.
  4. None of the above.

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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