Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The charges imposed by the government on locally manufactured goods is called
customs duties
excise duties
tariffs
quota
Correct answer is B
No explanation has been provided for this answer.
The process of making goods attractive and easy to handle is
branding
merchandising
packaging
labelling
Correct answer is C
No explanation has been provided for this answer.
Farmers and all other workers concerned with getting raw materials from the earth are engaged in
commercial occupation
manufacturing occupation
constructive occupation
extractive occupation
Correct answer is D
No explanation has been provided for this answer.
enterpreneur
capital
labour
land
Correct answer is C
No explanation has been provided for this answer.
an industrial activity
creation of utilities
the exchange of goods and services
changing of raw materials into finished goods
Correct answer is B
No explanation has been provided for this answer.