A company's expenditure on raw materials is regarded ...
A company's expenditure on raw materials is regarded as
Explicit cost
Implicit cost
Prime cost
Average cost
Correct answer is A
No explanation has been provided for this answer.
The national income is the ...
The following are rewards for factors of production EXCEPT ...
A commodity is said to have derived demand when it ...
A country should embark on development planning to ensure that ...
To improve the balance of payment s position in West African countries, there must be ...
The part of income after tax that is not consumed is defined as ...
All the following are properties of an indifference curves except ...
All the following are the canons of taxation given by Adam Smith except ...