Motive
Aim
Determination
Self discipline
None of the above
Correct answer is A
No explanation has been provided for this answer.
For whom to produce
How to produce
Resource allocation
What to produce
When to produce
Correct answer is B
No explanation has been provided for this answer.
Arrangement of wants in order of importance is brought about by
Excess supply of goods
Interest in doing so
Scarcity of resources
Opportunity cost
Limited wants
Correct answer is C
No explanation has been provided for this answer.
Which of the following is NOT a factor to be considered in siting an industry in a particular area?
Access to raw material
Availability of recreational facilities
Market
Sources of power
Transport facilities
Correct answer is B
No explanation has been provided for this answer.
The amount of money required for the day-to-day running of a business is known as
Economics capital
Fixed capital
Paid-up capital
Reserve capital
Working capital
Correct answer is E
No explanation has been provided for this answer.