A. Local and imported
B. Raw and finished
C. Consumer and producer
D. Ready-made and made-to-order
Related Mcqs:
- What refers to the goods and services that are desired by human and will be acquired only after all the needs have been satisfied ?
A. Producer products
B. Consumer products
C. Luxury
D. Necessity - 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 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 is a market situation whereby there is only one buyer of an item for which there is no goods substitute ?
A. Monopsony
B. Monopoly
C. Oligopoly
D. Oligopsony - All the proceeds which are received by the business as a result of the sale of goods is called _________________?
A. Net income
B. Gross income
C. Net revenue
D. Total sales - 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 another term for “perfect competition” ?
A. Atomistic competition
B. No-limit competition
C. Free-for-all competition
D. Heterogeneous market - The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest ?
A. 3.90 %
B. 3.92 %
C. 3.95 %
D. 3.98 % - A manufacturer produces certain items at a labor cost of P 115 each, material cost of P 76 each and variable cost of P 2.32 each. If the item has a unit price of P 600, how many units must be manufactured each month for the manufacturer to break even if the monthly overhead is P428,000 _________________?
A. 1,033
B. 1,037
C. 1,043
D. 1,053 - A mathematical expression also known as the present value of annuity of one is called ____________________?
A. Load factor
B. Demand factor
C. Sinking fund factor
D. Present worth factor
