Basic of Economics Mcqs


Q.  The term Mark-up refers to________________?

a. Rise in the price of an item for sale
b. An amount added to cost price in calculating selling price
c. Both of them
d. All of them


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?
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MCQs:  What is referred by the discount rate________________?
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MCQs:  What does mean by Deed________________?
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MCQs:  Depression is a drastic decline in a national or international economy. It’s characteristic is_____________?
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MCQs:  What is Demand note ?
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MCQs:  Which term is used for a bank account which can be operated at will ?
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MCQs:  Cost of production plus a fixed rate of profit is called ?
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MCQs:  What is the cost effective ?
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MCQs:  Name the organization in which people are associated together for a common purpose under a common name. This organization is recognized and created by law ?
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MCQs:  Term the enterprise or organization which is managed by those who use its facilities or services ?
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MCQs:  Goods that satisfy human wants though their direct use or consumption are called______________?
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MCQs:  A country can still gain from trading certain goods even though its trading partners can produce those goods more cheaply. How is known this principle ?
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MCQs:  What is called a place of work where all workers within a section must belong to a single official recognized trade union ?
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MCQs:  Find out the term for the purpose that a buyer must pay for the goods at the time of its delivery ?
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MCQs:  The term Cartel refers to ?
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MCQs:  Point out the term for producer goods such as machinery that is used in production of commodities ?
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MCQs:  What is meant by capital stock ___________?
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MCQs:  Term the body of goods and monies from which future income can be derived ?
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MCQs:  What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?
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MCQs:  How is termed the balance of investment and return; in which investment and return are exactly equal ?
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