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.

Economics
sacks of coffee beans
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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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Author: stuart001uk2014

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

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