Economics Multiple Choice Question – 15 June 2022

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

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The proportion of total employment in an economy accounted for by small firms increases.

Which explanation for this is LEAST likely to be valid?

Select ONE answer:

  1. a trend towards the use of sub-contractors to produce specialised components
  2. growing technical diseconomies of scale in manufacturing
  3. growth of the manufacturing sector and a decline in services
  4. the opening up of market niches as real incomes rise

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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