A. Producer products
B. Consumer products
C. Luxury
D. Necessity
Related Mcqs:
- What refers to the goods and services that are required to support human life, needs and activities ?
A. Producer products
B. Consumer products
C. Luxury
D. Necessity - What are the two classifications of goods and services ?
A. Local and imported
B. Raw and finished
C. Consumer and producer
D. Ready-made and made-to-order - What refers to the saving which takes place because goods are not available for consumption rather than consumer really want to save ?
A. Compulsory saving
B. Consumer saving
C. Forced saving
D. All of the above - What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration ?
A. Seller
B. Manufacturer
C. Producer
D. Buyer or consumer - What refers to the present worth of the probable future net earnings ?
A. Total fair value
B. Total market value
C. Going concern value
D. Earning value - What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn ?
A. Present worth factor
B. Interest rate
C. Time value of money
D. Yield - What refers to the amount of a product made available for sale ?
A. Supply
B. Demand
C. Product
D. Good - What refers to the exchange mechanism that brings together the sellers and the buyers of a product, factor of production or financial security ?
A. Mall
B. Market
C. Store
D. Office - What refers to a document that shows proof of legal ownership of a financial security ?
A. Bond
B. Bank note
C. Coupon
D. Check - What refers to an imaginary cost representing what will not be received if a particular strategy is rejected ?
A. Opportunity cost
B. Ghost cost
C. Horizon cost
D. Null cost
