The production of goods and services in anticipation of demand is made possible by _______
packaging
warehousing
branding
advertising
Correct answer is B
This is the act of storing goods produced.
The effects of devaluation includes all except _______
exports become cheaper
expansion of local industries
increase in standard of living
increase in import
Correct answer is D
Devaluation is the reduction of the value of a country's currency in terms if the value of the currencies of other nations of the world.
There will be a decrease in inputs as citizens will be spending more in buying goods from other countries.
Land as a factor of production does not vary in _______
quantity
nature
quality
cost
Correct answer is B
Is the phenomena of the physical.
extractive
manufacturing
constructive
processing
Correct answer is B
Deals with the transformation of raw materials into finished goods.
The business unit that applies the principle of one man, one vote is ______
sole proprietorship
partnership
public company
co-operative society
Correct answer is D
It applies the principle of democracy, whereby each member has one vote irrespective of the amount of money contributed