Review Grade 11

Who introduced Sufficiency Economy to Thais?

• King Maja Vajiralongkorn

•  King Bhumibol Adulyadej

• King Chulalongkorn

• King Prajadhipok

It occurs when a market includes many of sellers of a particular good or service that each seller has a small share of the total market.

• Monopoly

• Oligopoly

• Perfect competition

• Push-demand

An imperfect competition that has

    numerous seller.

• Monopoly

• Duopoly

• Monopolistic

• Oligopoly

It aimed to be a guideline for people from all walks of life

• Sufficiency economy

• Mixed economy

• Command economy

• Market economy

Ratio on managing a land according to Sufficiency Economy.

• 40:30:10:20

• 20:10:35:35

• 30:30:30:10

• 30:30:40

Price at which the quantity of demand         

      and quantity of supply are the same.      

• Equilibrium price

• demand curve

• Absolute price

• GDP

When did the first cooperative society in Thailand created?

• 1947 AD

• 1957 AD

• 1916 AD

• 1987 AD

In which market structure there is

      MOST competition?

• Monopoly

• Perfect competition

• Oligopoly

• Duopoly

The world’s first co-operative is the _________.    

• Wat Chan

• The Pioneers

• Rochdale Pioneers

It shows a relationship between price and quantity demanded.

• Supply schedule

• Demand schedule

• schedule

• incentive