Day: June 9, 2025

Accounting Multiple Choice Question – 9 June 2025

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

Photo by Nataliya Vaitkevich on Pexels.com

An increase in the price of Y, a complement of X in consumption, will….?

Select ONE answer:

  1. Increase the demand for Y and decrease the d e m a n d for X
  2. Decrease the demand for Y and increase the demand for Y
  3. Increase the demand for both Y and X
  4. Decrease the demand for both Y and X

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 4

  1. Not correct
  2. Not correct
  3. Not correct
  4. Correct == > If X is a complement of Y then they tend to be consumed together, so if demand for Y falls as a result of the increase in its price then demand for X will also fall.

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