A. unattainable production levels B. attainable production levels C. inefficient, but attainable production levels D. optimum production levels Correct Answer:…
A. human resources B. mineral resources C. artificial resources D. forest resources Correct Answer: Option B B. mineral resources
A. Profits of companies B. Rents on property C. Student's grants and scholarships D. Wages and salaries of public servants…
A. unit cost of production falls B. decision -making is quick C. worker-management relationship is improved D. the quality of…
Given that Qd = 80 - 2p where Qd is quantity demanded and P is the price. A. 86 units…
A. the general manager B. the managing director C. tax payers D. the board of directors Correct Answer: Option D…
A. quick and easy decision-making B. keeping its business affairs private C. assurance of raising huge capital for expansion D.…
A. Seller is allowed to fix his own price B. Buyers and sellers are price takers C. New entrances are…
A. common market B. imperfect market C. supermarkets D. market failure Correct Answer: Option B B. imperfect market
A. stable B. high C. zero D. constant Correct Answer: Option C C. zero