What is considered as the basic consuming or demanding unit of a commodity ?

Related Mcqs:

What refers to the cost of borrowing money or the amount earned by a unit principal per unit time ?

A. Yield rate B. Rate of return C. Rate of interest D. Economic return...

What is the market situation exist when there are many buyers and many sellers ?

A. Perfect competition B. Oligopoly C. Oligopsony D. Monopoly...

By the condition of a will, the sum of P20,000 is left to a girl to be held in trust fund by her guardian until it amounts to P50,000. When will the girl receive the money if fund invested at 8% compounded quarterly ?

A. 11.23 years B. 11.46 years C. 11.57 years D. 11.87 years...

In computing depreciation of an equipment, which of the following represents the first cost ?

A. The original purchase price and freight charges B. Installation expenses C. Initial taxes and permit fees D. All of the above...

The true value of interest rate computed by equations for compound interest for a 1 year period is known as __________________?

A. Expected return B. Nominal interest C. Effective interest D. Economic return...