Economics Multiple Choice Question – 26 September 2020

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

sacks of coffee beans
Photo by Kelly Lacy on Pexels.com

When might a trade union be MOST likely to achieve a good pay deal for its members?

Select ONE answer:

  1. when labour costs are a high percentage of the firm’s total costs
  2. when rival firms successfully introduce an alternative product
  3. when the firm is introducing capital-intensive production
  4. when the firm is making large profits

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 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct

Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.

%d bloggers like this: