A. price of the product B. price of other products C. income of the consumer D. taste of the consumer…
A. mixed economy B. subsistence economy C. market economy D. command economy Correct Answer: Option C - market economy
A. a histogram B. an ogive C. a bar chart D. a pie chart Correct Answer: Option B - an…
A. all producers make profit B. full employment exists C. consumer sovereignty exists D. there is equality of economic agents…
A. A bag only B. A book and a bag C. A shirt and a bag D. A shirt only…
A. 50% B. 25% C. 8% D. 80% Correct Answer: Option D = 80% Explanation The percentage of working…
A. 33.3% B. 20.0% C. 11.0% D. 50% Correct Answer: Option D = 50% Explanation Population growth rate = the…
A. number of skilled labour available B. skill of labour C. marginal productivity of labour D. price of the inputs…
A. level of technical know-how B. rate of population growth C. availability of natural resources D. level of income Correct…
A. provide subsidies on imported goods to member countries B. mobilize short-term loans for member countries C. promote economic and…