Econom,ics Edexcel Jun Year 10  2

Econom,ics Edexcel Jun Year 10 2

10th Grade

14 Qs

quiz-placeholder

Similar activities

OCR Business Using Market Research 2.2

OCR Business Using Market Research 2.2

10th - 11th Grade

10 Qs

ALL BOUT BTS

ALL BOUT BTS

KG - Professional Development

10 Qs

Role of Marketing 2 OCR

Role of Marketing 2 OCR

10th - 11th Grade

10 Qs

The Petty cash Book - Office Adminstration

The Petty cash Book - Office Adminstration

10th - 11th Grade

14 Qs

Management

Management

9th - 12th Grade

13 Qs

AQA GCSE BUSINESS

AQA GCSE BUSINESS

9th - 12th Grade

15 Qs

J819 LO3.1 Product Lifecycle

J819 LO3.1 Product Lifecycle

10th Grade

11 Qs

TRANSPORT

TRANSPORT

9th - 11th Grade

10 Qs

Econom,ics Edexcel Jun Year 10  2

Econom,ics Edexcel Jun Year 10 2

Assessment

Quiz

Business

10th Grade

Easy

Created by

Ross Cornes

Used 3+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

In 2009 Russian tea experts forecast that as incomes in Russia fall due to

recession people will drink more tea. This suggests that in Russia tea is

a normal good

a luxury good

an inferior good

a complementary good

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is the most likely consequence of an ageing

population?

Demand for toys will increase

More teachers will be employed

Government expenditure on health services will increase

Tax rates will fall.

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The merger of T-Mobile and Orange (mobile) is an example of

a horizontal merger

a vertical merger

diversification

privatisation

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

If a farmer decides to stop growing wheat and grow biofuels instead the opportunity cost is:

the revenue received

growing wheat for making flower

The cost of fertrilizer

There is no opportunity cost

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The Nigerian government stated that some of the money it would have spent on

subsidies would now be spent on improving the infrastructure of Nigeria.

Choosing to spend money on infrastructure rather than expenditure on subsidies is an example of

taxation

opportunity cost

monetary policy

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Media Image

Using the data in Figure 2a identify the smallest economic sector of the

Maldives’ economy.

Primary Sector

Secondary Sector

Tertiary Sector

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Until 2006 Dhiraagu was the only telecommunications company in the Maldives.

In 2006 another telecommunications company, Wataniya Telecom, became

operational and began to compete in the market.

Before 2006 the telecommunications industry in the Maldives could be

described as a monopoly. After 2006 the industry could be described as being

more competitive

less competitive

illegal

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?