Question 9
Question 9 of 29
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Older MCQs might not have the typical A, B, C, D choices. They have choices 1, 2, 3, and a combination of them is the answer. Below is the key that maps such combinations to the answer.
A 1, 2 and 3 are correct
B 1 and 2 only are correct
C 2 and 3 only are correct
D 1 only is correct
Topics Tested
3. Microeconomic decision...
3.6. Firms and production

Influences to include demand for the product, the price of different factors of production, their availability and their productivity.

3. Microeconomic decision...
3.3. Workers

Definition, drawing and interpretation of diagrams that illustrate the effects of changes in demand and supply in the labour market.