Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Department stores are usually located?
where low income earners live
In suburban towns
at city centres
in low rental areas
In areas free from traffic jam
Correct answer is C
No explanation has been provided for this answer.
In which class of occupation would doctors, teachers and entertainers be grouped?
Extraction
Industrial
Direct Service
Commercial
Industrial Service
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not a branch of production?
Consumption
Extraction
Manufacturing
Distribution
Direct services
Correct answer is A
No explanation has been provided for this answer.
A system in which people provide their own needs directly is known as?
sub-standard economy
subsistence economy
mixed economy
monetized economy
specialized economy
Correct answer is B
No explanation has been provided for this answer.
purchase of goods and services
production of goods
buying and selling
distribution of goods
storage of goods
Correct answer is C
No explanation has been provided for this answer.