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