The cost incurred by using both fixed and variable factors in production is called
Marginal cost
Fixed cost
Total cost
Average cost
Correct answer is C
No explanation has been provided for this answer.
Performance of one task in a production process is known as
Specialization
Standardization
Division of labour
Segmentation
Correct answer is A
No explanation has been provided for this answer.
Population growth can be controlled by all the following except
Legalizing abortion
Incentives on immigration
Family planning
Limiting number of children per family
Correct answer is B
No explanation has been provided for this answer.
In a country with ageing population, the total population
Comprises young school leavers only
Comprises mainly women
Is increasing at a low rate
Has reached the optimum level
Correct answer is C
No explanation has been provided for this answer.
The dispersal of people in a country is called
Mobility of people
Geographical distribution
Occupational distribution
State distribution
Correct answer is B
No explanation has been provided for this answer.