Economics Multiple Choice Question – 22 November 2018

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

Economics

In perfect competition ……. ?

Select ONE answer:

  1. normal profit.
  2. marginal revenue.
  3. economic profit.
  4. marginal profit.

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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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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