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