Firms are often set up close to each other in order to take advantage of
Supply or skilled labour
Agglomeration economies
Internal economies of scale
External economies of scale
Correct answer is D
No explanation has been provided for this answer.
The primary barrier to land reform in developing countries is the
Frequent opposition by the landlords
Realization that output levels might fall
Fear that peasants will be cut off from credit
General contentment with the present arrangement
Correct answer is A
No explanation has been provided for this answer.
The marketing boards
The commodity boards
The river-basin authorities
Private investors and individuals
Correct answer is D
No explanation has been provided for this answer.
Farmers' income may fall if they produce more cash crops for export because
Foreign demand is inelastic
The price of the crops will rise
Of domestic currency depreciation
Of export duties
Correct answer is A
No explanation has been provided for this answer.
The type of business finance that entitles the holder to a fixed rate of dividend is
Perferred stock
Common stock
Debenture
Bank loan
Correct answer is C
No explanation has been provided for this answer.