Monopolistic competition
Perfect competition
Monopoly
Monopsony
Correct answer is A
No explanation has been provided for this answer.
Price and output
Price only
Output only
Price or output
Correct answer is D
No explanation has been provided for this answer.
The main characteristics of an ordinary shares are
Maximum risk, fixed dividends, voting rights
Minimum risks, fixed dividends, no voting rights
Maximum risks, variable dividends, voting rights
Minimum risks. fixed dividends, no voting rights
Correct answer is C
Ordinary shareholders are owners of the company, hence possess voting rights in the selection of board members, they take the maximum risks of the business, and their dividends vary and mostly paid only after all other classes of shares have been paid.
A business outfit is said to be a public limited company when it
Is owned by the government
Operates as a public corporations
Is run by the public
Sells its shares to members of the public
Correct answer is D
A public limited company is a company that sells its shares to members of the public and whose liabilities don't affect the private properties of its owners in the event of a liquidation. It means that the liability is limited to the amount invested.
Cost of good multiplied by the quantity sold
Price of goods multiplied by the quantity sold
Quantity of goods plus purchase price
Quantity supplied less quantity sold
Correct answer is B
Revenue = Sales x Average Price of Service or Sales Price