F291 Opportunity cost, demand and supply quiz
- Created by: Daisy Judges
- Created on: 29-12-12 22:08
Other questions in this quiz
2. If you have more than consumers are able to buy then there is an excess or surplus
- True - explaining market demand and supply
- False - explaining market demand and supply
3. If you have less than consumers are willing and able to buy there is a shortage
- True - explaining market demand and supply
- False - explaining market demand and supply
4. If you spent your lunch going to the shop instead of carrying on working, what would be the opportunity cost?
- If you carried on working, could have done more work and made new connections within the business
- If you carried on working, you wouldn't have got to eat your sandwich
- If you carried on working, you would have more money
5. If demand for an Apple MacBook increases, what is likely to happen for demand for Apple Security Software?
- Increase as it is a related product
- Decrease as Apple MacBooks are expensive alone
- They are not correlated
Similar Business Studies resources:
Teacher recommended
Comments
No comments have yet been made