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
Related Mcqs:
- The mark is imposed on goods or wrappers to show that the articles bearing this mark belong to a particular trader. What is this mark called ?
A. Insignia
B. Patent mark
C. Trade Mark
D. Identification mark - 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 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 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 term technology refers to______________?
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 - The French term Bourse refers to_________________?
A. A big company
B. Stock market
C. Joint-stock
D. A multinational company - If Mark Mars pays Hershey Foods Corporation for the right to use their name on his line of T-shirts then Mr. Mars is using which type of branding ?
A. Licensed brands
B. Manufacturer’s brand
C. Private brand
D. Co-brand - Given a two-country world, suppose Japan devalues the yen by 20 percent and west German devalues the mark by 15 percent This result is a (an)?
A. appreciation in the value of both currencies
B. depreciation in the value of both currencies
C. appreciation in the value of the yen against the mark
D. depreciation in the value of the yen against the mark - 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
