Reduce public expenditure
Encourage efficiency in the performance of such enterprises
Reduce the number of public enterprises
Raise the prices of goods and services produced by the enterprises
Correct answer is B
No explanation has been provided for this answer.
The main handicap of sole proprietorship is?
Limited liability
Lack of technical know-how
Low profit margin
Inadequate capital
Correct answer is D
No explanation has been provided for this answer.
An important function of the retailer is to
Grant credit to the wholesaler
Break bulk and sell products in small units
Reduce cost of distribution
Generate demand for products through advertisement
Correct answer is B
No explanation has been provided for this answer.
Pure competition only
Pure monopoly only
Monopolistic competition only
Any type of market
Correct answer is A
No explanation has been provided for this answer.
The demand curve for a normal good will shift to the left if
The incomes of consumers rise
The price of the goods rises
The price of complementary goods rises
Advertising expenditure on complementary goods increase
Correct answer is B
No explanation has been provided for this answer.