Economics Multiple Choice Question – 26 September 2020

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

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