A. Application of science to achieve a commercial or industrial objective
B. Application of modern science in the country
C. Science based know low
D. All of these
Related Mcqs:
- The term prospectus refers to______________?
A. Formal summary of proposed project
B. Document describing chief features of something for participants
C. Both of them
D. None of them - The term liquidate refers to pay off a debt, a claim or an obligation or to settle the affairs by determining liabilities and applying assets to their discharge. What is also converted by the term?
A. To convert assets into cash
B. Abolish
C. Both of them
D. All of them - The term Cartel refers to ?
A. A combination of firms for business purposes
B. An official agreement between governments at war, especially for exchange of prisoners
C. Unity of parties, factions or nations in a common cause
D. All of the above - The term Mark-up refers to________________?
A. Rise in the price of an item for sale
B. An amount added to cost price in calculating selling price
C. Both of them
D. All of them - The term Remittance refers to_______________?
A. Sending of money to someone at distance
B. The sum of money sent
C. Both of them
D. None of them - The French term Bourse refers to_________________?
A. A big company
B. Stock market
C. Joint-stock
D. A multinational company - The term tariff, as used in international trade refers to ?
A. The price of goods when they leave the producing country
B. a limit on the quantity of a good that can be imported into a country
C. a tax on imports
D. a government payment to encourage exports - The term ‘rent’ as it is used by economists. refers to ?
A. the return to any factor of production that is in fixed supply
B. the profit earned by the owner of any housing unit.
C. the amount paid each year by a tenant for an apartment
D. any profit earned by stockholders when they sell their stock - When an international seller sells a plant equipment or technology to another country and agrees to take payment in the resulting products, it is called?
A. barter
B. buy-back
C. counterpurchase
D. like-value-exchange - New technology in the form of computer spreadsheets has increased the productivity of accountants. This will cause ?
A. the demand curve for accountants to shift to the right, since the productivity of accountants has increased
B. firms to move up their demand curves for accountants
C. the demand curve for accountants to shift to the left, since it requires fewer accountants than it did before to do the same amount of work.
D. firms to move down their demand curves for accountants
