Economic ss1 1 / 10 ______ is also known as limited liability companies? Partnership Joint stock company Corporative society 2 / 10 What is average products? Mp×Ap Tp/ number of worker Tp/mp 3 / 10 The most active factors of production is _____? Land Capital Entrepreneur 4 / 10 Division of labour was propounded by? Adam Smith Lord kaphes David Richardson 5 / 10 When the growth of a firm is achieved by its own single effort it is called? Internal economic Internal dis economic External economic 6 / 10 A sole trader decision are made by the? Owner Management Government 7 / 10 Characteristics of a small firm over a large firms includes? Large market Small Capital required Large Capita required 8 / 10 ______ is the good that is not wanted directly for its own sake but for the production of their goods? Choice Exchange Capital 9 / 10 One of the following is not a features of a sole trader? He provided capital to start the business Continuity is doubtful Decision can only be taken is people 10 / 10 The Concentration of a region in a particular aspect of economic activities is? Specialization by products Specialization by sex Territorial specialization Your score isThe average score is 0% 0%
Economic ss1
1 / 10
______ is also known as limited liability companies?
2 / 10
What is average products?
3 / 10
The most active factors of production is _____?
4 / 10
Division of labour was propounded by?
5 / 10
When the growth of a firm is achieved by its own single effort it is called?
6 / 10
A sole trader decision are made by the?
7 / 10
Characteristics of a small firm over a large firms includes?
8 / 10
______ is the good that is not wanted directly for its own sake but for the production of their goods?
9 / 10
One of the following is not a features of a sole trader?
10 / 10
The Concentration of a region in a particular aspect of economic activities is?
Your score is
The average score is 0%