Provision of services is classified under
Primary production
Secondary production
Tertiary production
Production possibilities
Correct answer is C
No explanation has been provided for this answer.
Commodity market can best be described as a market in which
Goods are sold
Labour is sold and bought
Short-term loans are obtained
Quoted stocks are bought
Correct answer is A
No explanation has been provided for this answer.
Price discrimination can only occur when there is
Perfect competition
Imperfect competition
A merge
Partnership
Correct answer is B
No explanation has been provided for this answer.
The population which yields the highest level of income per head is known as
Over-population
Under-population
Extreme population
Optimum population
Correct answer is D
No explanation has been provided for this answer.
Taxation of the rich only
Equal tax rate for all people
Unequal tax rate for all people
Taxation of civil servants only
Correct answer is B
No explanation has been provided for this answer.