Day: June 26, 2020

Economics Multiple Choice Question – 26 June 2020

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

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The demand for Manchester United football tickets is price insensitive.  This means that when the price is increased…?

Select ONE answer:

  1. revenue increases
  2. profit decreases
  3. demand increases
  4. costs increase

 

Show your workings to arrive at your answer, and explain and justify your reasons:……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Economics KS4 and KS5 classes.

The answer is 1

 

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