Which of the following is a disadvantage of regional concentration of industries?
Development of congested urban areas
Existence of regional unempolyment
High cost of labour
Immobility of labour
Correct answer is A
No explanation has been provided for this answer.
Which of the following is NOT a type of business ownership?
Debenture holding
Private company
Parnership
Joint Stock venture
Correct answer is A
No explanation has been provided for this answer.
The liability of the sole trader is
Indeterminate
Unlimited
Transferable
Limited
Correct answer is B
No explanation has been provided for this answer.
To which of the following sectors do services belong?
Primary
Secondary
Tertiary
Construction
Correct answer is C
No explanation has been provided for this answer.
Oligopoly
Monopoly
Duopoly
Oligopsony
Correct answer is D
No explanation has been provided for this answer.