The primary motive for an individual engaging in producti...
The primary motive for an individual engaging in production is to
Make profit
Satisfy basic human wants
Redistribute wealth
Put inputs into use
Correct answer is A
The main motive of a business organization, especially private business enterprise is to make profit.
The ultimate objectives of economics is to_________? ...
The quantity demanded of a commodity is influenced only by changes in ...
In the national income and product accounts, double counting is avoided if ...
A price floor is usually fixed ...
When a change in price does not affect the quantity demanded of a commodity, the price elastici...
One-man business are popular in West Africa because of all the following except the ...
The difference between personal income and personal disposal income is ...
The economies of West African Countries depend majorly on ...
Which of the following is NOT among the canons of taxation as set out by Adam Smith? ...
One of the advantages of localization of industry is that firms ...