A. Producer products
B. Consumer products
C. Luxury
D. Necessity
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 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 - A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities ?
A. Sole proprietorship
B. Entrepreneurship
C. Partnership
D. Corporation - A feasibility study shows that a fixed capital investment of P10,000,000 is required for a proposed construction firm and an estimated working capital of P2,000,000. Annual depreciation is estimated to be10% of the fixed capital investment. Determine the rate of return on the total investment if the annual profit is P3,500,000?
A. 28.33 %
B. 29.17 %
C. 30.12 %
D. 30.78 % - What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually ?
A. P 1,290.34
B. P 1,185.54
C. P 1,107.34
D. P 1,205.74 - A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand ?
A. 1.0 hour per unit
B. 1.2 hours per unit
C. 1.4 hours per unit
D. 1.6 hours per unit - 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 ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?
A. Return of investment
B. Interest rate
C. Yield
D. Rate of return - 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
