Question

1 (A) Choose the correct option
(5marks)
1. Utility is
A subjective
Brelative
C divisible
D. all of the above
Options 1] Only a 2) a&b 3) only b 4) only d
2. Demand means
A Desire
B. Ability to buy
с C willingness to pay
D. all of the above.
Options 1) Only a 2) a&c 3) only c 4) only d
3. Concepts of cost include
A Total cost
B. average cost
C marginal cost
D. all of the above
Options 1) Only b 2) a&c 3) only d 4) b&c
4. Organised money market includes
A indigenous bankers
B money lenders

Answer 1

Answer:

1.only D

2.only D

3.onlyD

4.OnlyA