Pre-Summer Sale Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

CIMA Updated BA1 Exam Questions and Answers by emilio

Page: 13 / 17

CIMA BA1 Exam Overview :

Exam Name: Fundamentals of Business Economics
Exam Code: BA1 Dumps
Vendor: CIMA Certification: CIMA Certificate
Questions: 468 Q&A's Shared By: emilio
Question 52

Economies of scale can result from all the following except one. Which is the exception?

Options:

A.

An increase in the size of a firm's capacity and plant

B.

A bus company replacing smaller buses with larger buses

C.

A factory employing two shifts of workers rather than one shift per day

D.

Increased firm size allowing the firm to employ specialist managers

Discussion
Wyatt
Passed my exam… Thank you so much for your excellent Exam Dumps.
Arjun Apr 10, 2026
That sounds really useful. I'll definitely check it out.
Aryan
Absolutely rocked! They are an excellent investment for anyone who wants to pass the exam on the first try. They save you time and effort by providing a comprehensive overview of the exam content, and they give you a competitive edge by giving you access to the latest information. So, I definitely recommend them to new students.
Jessie Mar 31, 2026
did you use PDF or Engine? Which one is most useful?
Syeda
I passed, Thank you Cramkey for your precious Dumps.
Stella Apr 12, 2026
That's great. I think I'll give Cramkey Dumps a try.
Robin
Cramkey is highly recommended.
Jonah Apr 11, 2026
Definitely. If you're looking for a reliable and effective study resource, look no further than Cramkey Dumps. They're simply wonderful!
Ilyas
Definitely. I felt much more confident and prepared because of the Cramkey Dumps. I was able to answer most of the questions with ease and I think that helped me to score well on the exam.
Saoirse Apr 27, 2026
That's amazing. I'm glad you found something that worked for you. Maybe I should try them out for my next exam.
Question 53

The average price of recorded music CDs has been declining for several years. Which of the following changes in market conditions would NOT be a cause of this?

Options:

A.

Availability of new cheaper substitutes such as downloads

B.

Increased competition due to entry to the market by supermarket and internet sellers of CDs

C.

Decline in the number of CD shops due to bankruptcy and closure

D.

Growth in popularity of alternative goods such as mobile phones and video games

Discussion
Question 54

Which ONE of the following would make the market supply of a product price elastic?

Options:

A.

Suppliers are unable to store unsold product

B.

Firms can join the industry easily

C.

Demand is price elastic

D.

There is a shortage of resources to make the product

Discussion
Question 55

Why do monopoly market structures charge higher prices than would be charged by more competitive market structures?

Options:

A.

They are more likely to suffer from diseconomies of scale

B.

They must recover their higher research and development expenditures

C.

They can increase profits by reducing output to force prices higher

D.

They have barriers to entry that stop customers going to new markets

Discussion
Page: 13 / 17

BA1
PDF

$69.65  $199

BA1 Testing Engine

$78.75  $225

BA1 PDF + Testing Engine

$87.15  $249