Skip to main content

My Fourth Thirty Questions

Grade: 09           
Due on: 


Answer the following 30 Questions.

1.    What is meant by Price Elasticity of Supply?
2.    How is PES calculated?
3.    When can supply be elastic?
4.    When can supply be inelastic?
5.    Illustrate perfectly elastic supply?
6.    Illustrate elastic supply?
7.    Illustrate unitary elastic supply?
8.    Illustrate inelastic supply?
9.    Illustrate perfectly inelastic supply?
10. Explain the relationship between the price and the quantity of a product supplied?
11. What is meant by private sector?
12. What is a business organization?
13. Name some business organizations found in private sector?
14. What is a firm?
15. What is an industry?
16. Give an example for industry?
17. Define sole trader?
18. Identify the advantages of sole trader business?
19. Identify the disadvantages of sole trader business?
20. What is a partnership?
21. Identify the advantages of partnership?
22. Identify the disadvantages of partnership?
23. Compare sole trader and partnerships?
24. What is a joint stock company?
25. Define shares?
26. Who is a shareholder?
27. What is dividend?
28. What is meant by limited liability?
29. Identify the features of Joint Stock Company?
30. Name the two types of Joint Stock Company?

Popular posts from this blog

Factors of Production and their Rewards

Type Definition Reward Land Labour Capital Enterprise All natural resources The physical and mental works of people All man made tools and machines All managers and organizers Rent Salary/Wage Interest Profit/Loss

Factors Affecting Geographical Mobility of Labour

Geographical Mobility of Labour refers to the movement of workers from one place to another place.  It depends upon; ·     cost of housing ·     cost of relocation ·     availability of social amenities ·     family ties etc

Common Barriers to Occupational Mobility of Labour

Barriers to Occupational Mobility of Labour ·     Lack of natural abilities ·     Lack of qualification ·     Cost and length of training ·     Discrimination ·     Ignorance of available job opportunities Ways to increase Occupational Mobility of Labour ·     By providing training and retraining ·     By organizing job centers