Demand curve
Indifference curve
Opportunity curve
Utility curve
Supply curve
Correct answer is B
No explanation has been provided for this answer.
0.5
0.8
1
1.5
1.8
Correct answer is B
No explanation has been provided for this answer.
Which of the following is NOT a feature of capitalism?
Detailed economics planning
Free enterprise
Competition
Private ownership of property
Entrepreneurs and the pursuit of profit
Correct answer is A
No explanation has been provided for this answer.
Remuneration of labour based on number of hours worked is known as
Fees
Commission
Time-rates
Salary
Wages
Correct answer is C
No explanation has been provided for this answer.
When an economy is having a balance of payment surplus the best alternative opened to it is to
Borrow from abroad
Devalue its currency
Increase its foreign reserve
Promote imports into the country
Sell out its foreign assets
Correct answer is C
No explanation has been provided for this answer.