A. currency note B. mobile money C. cheques D. silver Correct Answer: Option D - silver Explanation Commodity money are…
A. higher per capita income B. increase in poverty C. increased outflow of aid D. underutilization of resources Correct Answer:…
A. managerial economies B. financial economies C. marketing economies D. welfare economies Correct Answer: Option C - marketing economies Explanation…
A. accumulate revenue for the government B. educate farmers on the pricing of cash crops C. stabilize the incomes of…
A. seasonal unemployment B. structural unemployment C. frictional unemployment D. cyclical unemployment Correct Answer: Option C - cyclical unemployment Explanation…
A. Education and training B. Provision of welfare service C. Race and colour of workforce D. Quality of other factor…
A. an excessive budget deficit B. a reduction in standard of living C. a wider market for goods and services…
A. grant credit to the wholesaler B. break bulk and sell products in small units C. reduce cost of distribution…
A. providing research facilities B. purchasing raw materials C. designing the product D. breaking the bulk Correct Answer: Option D…
A. variable cost B. fixed cost C. total cost D. marginal cost Correct Answer: Option B - fixed cost Explanation…