A) Direct production B) Durable products C) Primary production D) Indirect production
A) Direct production B) Primary production C) Tertiary production D) Secondary production
A) Level of technology B) Sex of entrepreneur C) Availability of capital D) Management
A) Machine B) Labour C) Land D) Entrepreneur
A) Rent B) Free gift C) Mobile D) Fixed
A) Brown collar job B) White collar job C) Red collar job D) Black collar job
A) The profit B) Initiatives C) Feeling D) Physical abilities
A) It promotes production B) It exists only in one form,which is money C) It depreciate in value D) It is durable
A) Unable to meet up with demands B) Using up of existing capital stock C) Replacing worn out capital goods used in production D) When there is competition in the market
A) Decision making B) Operates machine C) Risk bearing D) Provision of capital
A) Division of labour B) Localization C) Specialisation D) Concentration
A) Plant B) Industry C) Firm D) Company
A) External economies B) External dis economies C) Internal economies D) Economics growth
A) Wants B) Scarcity C) Scale of preference D) Choice
A) Scale of preference B) Wants C) Choice D) Sorts
A) Internal economies B) External economies C) Micro Economics D) Macro economics
A) Charts B) Graphs C) Scale of preference D) Tables
A) Tittle B) Scale C) Well labelled D) The same variables
A) Simple bar chart B) Multiple bar chart C) Combined bar chart D) Components bar chart
A) Median B) Mean C) Histogram D) Mode
A) Mean B) Mode C) Standard deviation D) Median
A) Geometric mean B) Quadratic mean C) Exponential mean D) Harmonic mean |