Quiz: Trade and Consumer Markets
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about markets and competition, let's test your understanding of trade and consumer markets!
Which of the following best describes a trade market?
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Which of the following are features of consumer markets? (Select all that apply)
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A {{blank0}} market focuses on selling goods and services between businesses, while a {{blank1}} market targets individual consumers.
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Match the items on the left with their correct pairs on the right
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What is a key feature of mass markets?
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Which of the following are characteristics of niche markets? (Select all that apply)
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Niche markets target a {{blank0}} and specialised audience, while mass markets aim to appeal to a {{blank1}} audience.
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A business sells 50 units in a niche market at £30 each. What is the total revenue?
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Match the items on the left with their correct pairs on the right
Which of the following is an example of a global market?
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