A Level Economics Quiz 2019 Part 1

15 QuestionsMultiple ChoiceFree Practice

About this quiz

This A Level Economics Quiz 2019 Part 1 quiz contains 15 multiple choice questions designed to help you revise and test your A level Economics Quizzes knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!

Description

Economics is a social science that examines how people choose to use limited or scarce resources in attempting to satisfy their unwanted wants. This branch of social science also deals with how the forces of demand and supply allocate scarce resources.

With the aim of helping Advance level students prepare for the CGCE A-level Economics exams, we have chosen the recent year of 2019 paper 1questions, to test students. This quiz will determine how prepared they are for the upcoming exams. This quiz is made up of a total of 15 questions, with each question having four possible answers and of which only one is correct among them. The quiz entails topics treated in the Advanced level syllabus.

Some of these topics include “economic system, demand” etc.Upon completion of this quiz, you can move on to the next session. The next quiz is the continuation of the year 2019 and it also contains 15 questions.

Progress0 / 15 answered
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Question 1 of 15

Which of the following is a normative statement?

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Question 2 of 15

An economic system in which the government regulates private sector economic activities is called:

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Question 3 of 15

This question is based of figure 1 below showing the PPC of a given economy

Letter Z represents which of the following alternatives?

Question 3
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Question 4 of 15

Which of the following is an example of horizontal integration?

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Question 5 of 15

A firm is said to be at its most efficient size when:

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Question 6 of 15

In which type of business organization are profits shared according to how members promote the business?

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Question 7 of 15

Economies of scale are associated with falling:

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Question 8 of 15

The term “production explosion “refers to:

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Question 9 of 15

According to the Malthusian theory of population, population and food production grow, for example, respectively at:

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Question 10 of 15

The quantity demanded by coffins will be affected by the:

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Question 11 of 15

When price elasticity of demand is unity, any change in price:

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Question 12 of 15

A decrease in supply will lead to a rise in price and:

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Question 13 of 15

When a cross elasticity of demand is negative, it means that the two goods are:

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Question 14 of 15

This question is based on figure 2 below.

If the government removes the tax on the product and as a result, supply increases from S to S1, by how much will government tax revenue fall?

Question 14
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Question 15 of 15

This question is based on table below

The price of 350 FCFA per kg could be considered as:

Question 15