Economics Multiple Choice Question – 14 September 2021

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

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Scrumpers in Staffordshire want to pick wild sloe berries from sloe bushes that live in the hedgerows in the countrysides along with blackberry, hawthorn and rose-hip bushes, in order to make delicious sloe gin to keep them warm over winter.

They find the sloe bushes by following grey squirrels around the country lanes who want the rose-hips to snack on over winter when they hibernate that is found side-by-side in the Staffordshire hedgerows.

What does this suggest?

Select ONE answer:

  1. Scrumpers and grey squirrels are rival consumers.
  2. Sloe and rose-hip berries are free goods.
  3. Sloe and rose-hip berries are in joint supply.
  4. Slow berries is the opportunity cost of rose-hip berries.

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 3

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

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