Economics Multiple Choice Question – 12 December 2018

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

External economies and diseconomies explain the shape of ……. ?

Select ONE answer:

  1. the supply curve of the firm.
  2. the long-run average total cost curve of a firm.
  3. the short-run average total cost curve of a firm.
  4. the long-run industry supply curve.

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 4

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