A. Stock
B. Corporation
C. Both
D. None
Related Mcqs:
- The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?
A. Pure capitalism
B. Iaissez faire capital
C. Both
D. None - All international changes in ownership of merchandise passing across the customs borders of trading countries?
A. Merchandise trade balance
B. International trade laws
C. Trade barriers
D. Merchandise imports and exports - A compensation device through which workers receive part of their pay in the form of share of their employer’s profit___________________?
A. Labour laws
B. Labour saving scheme
C. Profit sharing plan
D. Profit maximizing plan - An agreement among sellers of a commodity to set a common price or share their commodity market?
A. Oligopoly
B. Monopoly
C. collusion
D. All - An analytic approach in which we move from general to particular from theory to facts is_________________?
A. Induction
B. Deduction
C. Specification
D. None - Opportunity cost is illustrated by the___________________?
A. Steep slope
B. Downward slope
C. Positive slope
D. None - Failure to achieve full production is called ?
A. Unemployment
B. Under employment
C. Unplanned
D. None - The extreme case of physical resource endowment is ________________?
A. Gulf oil states
B. United states America
C. USSR
D. South Africa - The payment for the use of borrowed funds _____________?
A. Interest
B. Loan
C. Both
D. None - Any resource whose quantity can not be changed by a firm in the short run_______________?
A. Fixed resource
B. Variable resource
C. Available resource
D. Economic resource