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 main difference between a private and a public enterprises is the ...
Which of the following market structure are imperfect in competition? i. Monopoly ii. Duopoly i...
An increase in supply will lower price unless ...
Government uses all of the following ways to redistribute income, except ...
The developments banks are essentially different from commercial banks because they ...
A shift of the demand curve leftward from its original position indicate ...
A point X inside the production possibility curve indicates that ...