Economy - 1-50 - yo

1. The part of business plan which describe profit, income and outcome

• a. Financial plan

• b. Execuitive summary

• c. Marketing plan

• d. Operational plan

.... a written account that gives an overview of the main points of a business plan

• a. HRM

• b. Marketing plan

• c. Executive summary

• d. Operational plan

3. This is one of the key concepts of economics

• a. Business plan

• b. Profit

• c. Scarcity

• d. Varsity

1. How many factors of production exist

• 4

• 3

• 2

• 1

5. The profit from land rent called …

• a. Interest rate

• b. Wage

• c. Profit

• d. Rental income

6. Natural resources are divided into two categories by the ability to replenish: …

• a. New and old

• b. Renewable

• c. Eternal and temporary

• d. Renewable and nonrenewable

7. The physical and intellectual effort of people engaged in producing goods and services

• a. Later

• b. Worker

• c. Land

• d. Labour

1. What are the two ways of looking at Economics?

• 1. Macroeconomics

• 1. Macroeconomics and Mesoeconomics

• 1. Microeconomics

• 1. Macroeconomics and Microeconomics

9. Opposite approach to positive economics is ..

• a. Nonmative

• b. Negative

• c. Normative

• d. Formative

10. Which of the options cannot be considered as enterprises main goals

• a. Increase in humans' live quality

• b. Increase in competitiveness of a product

• c. Increase in output

• d. Increase in market share