A. manufacturing of goods B. the creation of utilities C. giving birth to children D. the distribution of goods and…
A. reduction in personal income tax B. retirement of director-general in the public service C. creation of employment opportunities D.…
A. the desire for a commodity B. a proposal to purchase a good on credit C. the desire for a…
A. which gives rise to a cobweb situation B. for which demand increases as price increases C. which have a…
A. Capitalist economy B. Socialist cum Marxist economy C. Socialist economy D. Capitalist and free economy E. mixed economy Correct…
A. price B. improved production method C. access to capital D. demand for the commodity E. level of income Correct…
A. Nearness to the market B. Availability of infrastructural facilities C. Government influence in sitting industries D. political instability E.…
A. market size B. availability of an infrastructure C. wage rate D. Raw materials E. Availability of land Correct Answer:…
A. as price increases, quantity demanded remains constant B. demand increases as price increases C. as price falls, quantity demanded…
A. all economics system B. a mixed economic system only C. a democratic socialist economy only D. a free enterprise…