The primary motive for an individual engaging in producti...
The primary motive for an individual engaging in production is to
Make profit
Satisfy basic human wants
Redistribute wealth
Put inputs into use
Correct answer is A
The main motive of a business organization, especially private business enterprise is to make profit.
The equilibrium point of a firm is attained at the point where the isoquant is ...
Deficit financing is mostly facilitated by the existence of ...
Long-run production is called ...
National development plans in Nigeria fail mainly because of ...
If the demand curve facing a firm is sharply downward-sloping, the firm is likely to be ...
Which of the following statements is not true of capital income? ...
A good indicator of economic development is an increase in ...